Easyjet Share Discussion Threads

[gunsofmarscapone] 14/3/2020 15:18

So are we likely to see the start of many intra-day auctions on Monday? On the wider FTSE 100 front I have not seen so many price monitoring extensions since 2008!

[bricktycoon] 14/3/2020 13:25

This is bust no fly zone mega cash burn fly be mark2 penny share next week on monster profit warning covid 19 out of control zero cash and debt will eat this alive sky fall the skies are empty above John Lennon planes getting turned round mid flight game over

[waikenchan] 14/3/2020 12:56

This could be flybe 2.0...

[the brex pistols] 14/3/2020 12:16

Russia says "keep out" now!

Hallelujah!

[milliecusto] 14/3/2020 12:10

Stampede on Monday for the exits, it will get drop lower and nt to sell, will be absolute carnage

[1 nhs] 14/3/2020 11:52

No shareholders and bond holders.

[the brex pistols] 14/3/2020 11:37

What's this, nations closing their boarders??

Eureka!

[loganair] 14/3/2020 11:22

The whole of Europe seems to be closing down.

Denmark is soon due to close its land boarders.

Poland and the Czech Republic to now allow entry to any but their own citizens, not even other EU citizens will be allowed to enter.

Venezuela has just reported its first cases of the coronavirus.

[1 pound here we come] 14/3/2020 11:18

For instance, there are STILL punters blindly buying EZJ, even now. They have been warned countless times, but they won't listen. Darwin's theory..

[1 pound here we come] 14/3/2020 11:15

Many people are in denial, and in the airline industry, blind panic. Costly mistakes will continue to prevail.

[loganair] 14/3/2020 10:44

I do not understand what the UK airlines are playing at. If I was in their shoes as from Friday mid-night I would have stopped all flights to Spain instead airlines have spent precious money they need to preserved sending flights to Spain to only have them be turned back.

[bergster56] 14/3/2020 10:36

I thought sub 500p last week was the worst case scenario. 50p now. No passengers means no money. I know no one flying over Easter

[loganair] 14/3/2020 10:19

Jet2 cancel all flights to Spain: Planes turning back to UK after coronavirus shutdown.

Seven flights heading to Spain from the UK this morning were made to turn back before they could land.

[1 pound here we come] 14/3/2020 09:37

It is a mathematical certainty. If EZJ does not soon have a massive uptick in passenger numbers, the share price is destined for the penny share department, never mind 1 pound!

[loganair] 14/3/2020 09:07

Sadly at the end of the day I can easily see the share price collapsing to 100p.

[gunsofmarscapone] 14/3/2020 00:41

32 and of course we all know the reason. Without a load factor/average seat price metric exceeding the cost to an airline company parking a Boeing 737 the company will....park a Boeing 737.

In many respects the airline business ‘from a business point of view’ is one of the simpler ones, hence why easyJet took on Carolyn to make themselves look good knowing very well that the aircraft leasing specialists were in fact the real deal. Everything else is froth.

£2

[1 pound here we come] 14/3/2020 00:17

The BBC reports there are "close to zero" number of passengers at Edinburgh Airport, a situation expected to last several months!

Obviously therefore, 'close to zero' is where the share price can reasonably be expected to fall to.

[32campomar] 13/3/2020 22:48

Ryanair to cancel up to 40% of all flights from Monday. This is an existential threat to all airlines

[loganair] 13/3/2020 18:45

"We went over to the Ryanair desk to ask what was happening but no-one was saying anything and they wouldn't give us any information.

The worst thing about it is one of the Ryanair staff members turned round to us and asked, 'what's the FCO?'."

[32campomar] 13/3/2020 18:01

Coronavirus: Ibiza and Majorca close all pubs and clubs, Costa Brava resorts such as Benidorm told to close all pubs too. https://mol.im/a/8109441