Easyjet Share Discussion Threads

[brasso3] 10/3/2020 14:10

For most Airline 2020 will be at best break even or worst massive losses. I would not mind sticking some of these away in my ISA at sub 900p in a months time if possible. No point investing now as Spain, Germany, France and the UK are about to go through what Italy has experience in the previous weeks.

[bricktycoon] 10/3/2020 14:09

This is bust no one is flying Italy out the game soon the whole of Europe which is game over sell while u can

[cashandcard] 10/3/2020 14:08

Brasso3,

Agree. They have a solid route network and customers will return. Also, very healthy balance sheet. The key, which is important, is to gut any unnecessary costs so they can fly through this storm.


Cash

[brasso3] 10/3/2020 14:04

At some point EZY will become a bargain but I do not think that will be during March. Could be one to target with the new ISA allowance in April.

[cashandcard] 10/3/2020 14:03

Don't be foolish. People out on the streets or at home are dying, makes little difference where one is.


Cash

[1 nhs] 10/3/2020 14:00

What are their Health and Safety advisers telling them

[1 nhs] 10/3/2020 13:59

how can airlines carry on in the knowledge they are killing their staff and passengers

[bricktycoon] 10/3/2020 13:57

This is bust sell sell sell sub £5 on profit warning empty planes equals bankrupt

[milliecusto] 10/3/2020 13:50

Virgin flying near empty planes just to keep their slots, sky news

[1 nhs] 10/3/2020 13:20

Here we go ( as predicted)

Korean Air Lines warned on Monday that the coronavirus outbreak could threaten its survival after more than half of the world restricted passengers entering from South Korea.

Woo Kee-hong, Korean Air’s president, said more than 80% of South Korea’s biggest carrier’s international capacity had been cut as a result of travel restrictions globally, compared with a 18% cut made during the 1997-1998 Asian financial crisis.

“We can easily imagine the severity of the crisis we are facing in comparison. And what is more daunting is that the situation can get worse at any time and we cannot even predict how long it will last,” he said in a memo to employees.

[cashandcard] 10/3/2020 13:20

Governments will not closedown airspace, at worst just impost restrictions. They need apd. Also, airlines that have grounded aircraft and shutdown/changed scheduling are reducing cashburn and therefore are in a strong position to deal with fallouts like this.

I would rather be in an LCC than a behemoth like IAG that is spread widely and has chunky costbase. LCC's are much leaner and meaner, better able to control the cost units as opposed to larger concerns.

Just think about all those A380's that cost a bloody fortune and are now grounded because they are uneconomic to fly with barely 20% of seats filled and on long distance routes that people are avoiding massively. The entire industry is in trouble, but LCC's are in a better position to respond quickly to these crises. Also, on the thinner routes that are still flying, LCC's are handsdown much more competitive than Legacy behemoths.


Cash

[1 nhs] 10/3/2020 12:49

How many brits are overweight , 3/4

So we 1/4 left

Then deduct the drunks ,lots of thin ones , druggies, and smokers.

Might have 15% in with a chance .

[tlobs2] 10/3/2020 12:36

I don't know about coronavirus, we seem to have had an outbreak of mad cow disease on here again this morning.

A guy over in China who had the virus was just on Radio Two (Vine) saying that it's not as bad as many are making out. If you are reasonably healthy and a none smoker then don't waste too much time worrying about it.

[bricktycoon] 10/3/2020 12:29

Going bust quickly multiple profit warning will send this bankrupt covid 19 is out of control bookings are non existent sell while u can

[1 nhs] 10/3/2020 12:29

I posted weeks ago that any airline with guts should has closed down operations paid off staff and waited .

Not one was up to the job.

Result they all go down the pan .


Governments can only do one thing

Print money

[ekuuleus] 10/3/2020 12:21

EU rules are that there are no state bailouts.

So, UK wont help easyjet then. Rest of europe will poor billions into saving their airlines.

More fool them.

[cashandcard] 10/3/2020 12:20

It is, they were quicker than many others to start making operational changes. The entire industry is getting hammered, from big to small, no airline is immune to these difficult times.


Cash

[loganair] 10/3/2020 12:17

Easyjet is supposed to be one of the 4 best run airlines in Europe.

[bellesimo1] 10/3/2020 12:16

Norwegian airline and many other airlines will cut work force.....
recession coming????? Who knows

[1 nhs] 10/3/2020 12:13

90/10 chance of a world no fly zone

[bellesimo1] 10/3/2020 12:13

Proves was a fake rise easyjet share price going down to red again.good luck cash is king for now

[bellesimo1] 10/3/2020 12:10

This a fake rise,I’m reading watching news doesn’t look good 700p next two weeks very likely,my best company to buy next week is aapl,profit warning issued
Easyjet IAG Ryanair....alll airlines faked their rise..I have 90k cash to buy stock 500p I will be over the moon if it get there.

[bricktycoon] 10/3/2020 12:09

Sell sell sell profit warning imminent

[bricktycoon] 10/3/2020 12:08

This is bust crashing know