Easyjet Share Discussion Threads

[1 pound here we come] 16/3/2020 08:27

The only reason to invest in this stock now, is the slim chance of a complete government bailout coming to the rescue.

Otherwise - get out!

[loganair] 16/3/2020 08:26

TUI is the weakest airline in the UK and in the most trouble. It's share price is down 34% this morning already.

It seems to me a good idea for Easyjet to step in to take over their business like they did Thomas Cook.

[loganair] 16/3/2020 08:21

Most European airlines now saying they'll go bust by May unless they get government help and support.

[1 pound here we come] 16/3/2020 08:16

..and the strongest constitutions.

[ny boy] 16/3/2020 08:14

Brutal, no one knows when governments will get on top of cv but I doubt longer than a few months imo but who will survive the fall out? Only those with the strongest balance sheets

[bricktycoon] 16/3/2020 08:11

This is going to zero get out if u still can this is bust zero value for shareholders cash burn unreal here covid 19 eating it alive sell sell sell days left before zero pence

[loganair] 16/3/2020 08:09

easyJet say European aviation "depends significantly" on government backing to survive COVID-19.

Johan Lundgren, easyJet CEO, said: “At easyJet we are doing everything in our power to rise to the challenges of the coronavirus so that we can continue to provide the benefits that aviation brings to people, the economy and business.

“We continue to operate rescue and repatriation flights to get people home where we can, so they can be with family and friends in these difficult times.

“European aviation faces a precarious future and it is clear that coordinated government backing will be required to ensure the industry survives and is able to continue to operate when the crisis is over.”

The company’s statement added: “There is no guarantee that the European airlines, along with all the benefits it brings for people, the economy and business, will survive what could be a long-term travel freeze and the risks of a slow recovery.

“Whether it does or not will depend significantly on European airlines maintaining access to liquidity, including that enabled by governments across Europe.

[1 pound here we come] 16/3/2020 08:09

volsung15 Mar '20 - 11:36 - 11040 of 11096
0 1 0
650p




Congrats volsung!

[chesty1] 16/3/2020 08:02

not going to be a good day, tin hats on!!!

[milliecusto] 16/3/2020 07:44

Has been lots of profit warning today from Companies, system must be over loading

[smartie6] 16/3/2020 07:33

Time to think how do I get hold of a ration book. I understand that they’re being printed as we speak.

[bricktycoon] 16/3/2020 07:29

This is bust massive gap down on open sub £2 imminent . The skies are dead so is easyJet m. With astronomical cash burn and zero cash coming in this has days left sell while u still can. Sky fall monster profit warning this afternoon will be the killer blow zero value for shareholders there's been reports stelios has told a friend this bankrupt this week sell sell sell get out while u can if u still can 0 pence coming in a straight line down

[lyceeuk] 16/3/2020 07:28

EasyJet says it has carried out "further significant cancellations" as governments impose more travel restrictions and following "significantly reduced levels of customer demand".

"These actions will continue on a rolling basis for the foreseeable future and could result in the grounding of the majority of the EasyJet fleet."

The airline said it would continue to operate rescue flights for short periods where it could, in order to repatriate customers.

The carrier said it was taking "every action to remove cost and non-critical expenditure from the business at every level".

EasyJet chief executive Johan Lundgren said: "European aviation faces a precarious future and it is clear that coordinated government backing will be required to ensure the industry survives and is able to continue to operate when the crisis is over."

Article share tools bbc news

[smartie6] 16/3/2020 07:27

Dreamers.
You’d rather see the country bankrupt.

[carla1] 16/3/2020 07:27

RNS out...looks bleak.. may not survive!

[lyceeuk] 16/3/2020 07:26

News from bbc just now

[lyceeuk] 16/3/2020 07:23

ADVFN streaming news NOT working .??

[amaretto1] 16/3/2020 07:21

What's the cost of a grounded air line ?

[smartie6] 16/3/2020 07:21

Have you not seen what is going on, the U.K. economy is dead, it’s time to reset.
They haven’t the fire power to save it. In respect of the latest stimulus packages they were better wheelbarrowing it in to the drains outside Westminster.
We are entering years of depression, who do you think will pay for all of the money wasted. You probably think a fine balancing act but it isn’t. Mass insolvencies, mass unemployment, shortage of food. For fks sake start to realise.

[amt] 16/3/2020 07:17

Of course they are going to bail out the airlines. It would be a disaster fir the UK economy to let them go under. It may not come to that as EZJ have a big cash buffer. Instead of all the hysteria here why not calculate EZJ cash burn without any flights assuming they still pay core overheads.

[smartie6] 16/3/2020 07:11

Amt, are you for real, are they now going to bailout every industry, for fks sake they can’t it isn’t right or practical. As shareholders you’ve lost, time to realise and get on with it. I bet you were one of those slagging off the government for bailing out the banks. For fks sake. Accept it just as Flybe owners did.
They need to fail, and the government pick up the pieces afterwards. Jeremy Corbyn wanted to nationalise most industries, looks like the conservatives get to do it in their place.
They must not bankrupt the country.

[amt] 16/3/2020 07:05

Governments around the World are not going to let good businesses such as EZJ get into financial difficulties. Anyway this emergency will probably calm down in a few months.