Easyjet Share Discussion Threads

[bricktycoon] 06/3/2020 12:48

This is bust

[1 nhs] 06/3/2020 12:38

Here we go ,



how to turn a loss, into a bigger loss.

United Airlines is the latest airline to advertise fee waivers and allow changes to tickets. But as CBS 2’s Suzanne Le Mignot reported for this cautionary tale, there is much fine print and many loopholes to navigate.

[1 nhs] 06/3/2020 12:30

Well did you know, it’s very hard to find a place to hold that fuel.

Could end up giving it away for free .

[1 pound here we come] 06/3/2020 12:28

I guess they are obliged to buy, or at least pay for the fuel, whether they want it or not.

[1 nhs] 06/3/2020 12:22

How does this work

You contract your fuel at a high price but then don’t want to take delivery as your planes are on the tarmac

[1 pound here we come] 06/3/2020 12:16

NO!!

Profits will vapourise.

[1 nhs] 06/3/2020 12:08

Do you think a low cost airline can cut costs by more than 1/4% ?

[1 nhs] 06/3/2020 12:07

That was just Italy

Load factors are off a mile across the group

[1 nhs] 06/3/2020 12:07

That was just Italy

Load factors are off a mile across the group

[bc4] 06/3/2020 12:00

Here is a small piece EASYJET STATEMENT - COVID-19 UPDATE

Following the increased incidence of COVID-19 cases in Northern Italy, we have seen a significant softening of demand and load factors into and out of our Northern Italian bases. Further, we are also seeing some slower demand across our other European markets. As a result we will be making decisions to cancel some flights, particularly those into and out of Italy, while continuing to monitor the situation and adapting our flying programme to support demand
Budget cuts in administrative areas and discretionary spend
-- Recruitment, promotion and pay freezes across the network
-- Postponement of non-critical project and capital expenditure
-- Offering unpaid leave and halting non-mandatory training
-- Working with third party suppliers to further reduce cost
Sounds pretty serious to me you make your own mind up

[1 nhs] 06/3/2020 11:59

The next profit warning, will tell investors, this weeks sales numbers, are grim, The company might already, be talking to the banks .



Look around you

Wake up

[bricktycoon] 06/3/2020 11:56

This will plummet m profit warning sub £5 imminent sales Re gone the debt is calling

[bc4] 06/3/2020 11:55

So why the profit warning then, The turmoil is about bookings falling of a cliff read Easyjets statement and you might learn something!

[1 nhs] 06/3/2020 11:51

50/50 next profit warning is Monday 7AM

[taurusthebear] 06/3/2020 11:49

bc4 - the secret is in the words "booked flights in advance". As in already paid into EZJ coffers. Doh!

[bricktycoon] 06/3/2020 11:45

This has no value get out while u can this will go bust industry in turmoil

[stevedaytrader] 06/3/2020 11:36

It won't go bust.

[bellesimo1] 06/3/2020 11:34

Thus easyjet not flybe

I will buy from 800p

[bricktycoon] 06/3/2020 11:21

This is going bust simple maths