Easyjet Share Discussion Threads

[tomboyb] 17/3/2020 15:42

Only around 30 airlines around the world are likely to survive the coronavirus crisis, according to the International Air Transport Association.

Chief economist Brian Pearce said:

“The top 30 airlines have reduced their debts – but the vast majority still have high levels of debt, which means there are fixed obligations even in the absence of revenues.

“75% of airlines we looked like had less than three months of cash to pay fixed costs… the median had two months of cash at start of year.”

Those reserves were largely spent, Pearce indicated, and travel restrictions are expected to last at least until the end of May.

Currently, more than 700 airlines worldwide that operate commercial scheduled flights.

[bricktycoon] 17/3/2020 13:48

This is bust sell while u still can sub £1 on monster profit warning the fleet is grounded and the cash burn and debt are astounding get out while u still can the skies are dead

[philanderer] 17/3/2020 13:12

Should have been done weeks ago.

[loganair] 17/3/2020 13:00

Latest UK government travel advisory - Advises UK citizens not to travel to any country in the world.

[bricktycoon] 17/3/2020 12:48

This is bankrupt get out while I still can zero value for shareholders with the fleet grounded and big debts this is bust. Stelios trying to sell His stake for 2 p a share death spiral on monster profit warning tommorow Sub £1 imminent

[philanderer] 17/3/2020 12:41

So who still wants that 3rd runway at Heathrow ?

Now we get cleaner air , less pollution, cuts down asthma for children.


"Heathrow, Gatwick and Manchester airports could shut ‘within weeks’"

[bricktycoon] 17/3/2020 10:45

This is bust sell sell sell monster imminent profit warning will send this sub £1 get out while u can the skies are dead above John Lennon debt and massive cash burn out of control with the fleet grounded bankrupt zero value for shareholders

[1 pound here we come] 17/3/2020 10:21

If you want to stay well, do NOT buy EZJ on a wing and a prayer.

Morning Phil.

[philanderer] 17/3/2020 10:13

Morning everyone.

Hopefully all well.

Non coronavirus related . Carphone Warehouse 3000 redundancies, which will now be a big finncial struggle for so many families.

[1 pound here we come] 17/3/2020 10:00

volsung, only in the maddest world imaginable, will you not get your 500p.

[bricktycoon] 17/3/2020 09:55

This is going sub £1 very soon fleet grounded monster cash burn the skies are dead above John Lennon so is easyJet with astronomical debt and cash burn this has zero value for shareholders sell while u still can sky fall

[1 pound here we come] 17/3/2020 09:15

Alrighty, we've had the morning bounce, now let's see some action!

[volsung] 17/3/2020 09:08

The boy volsung he said 500p. And thus it must be.

[bellesimo1] 17/3/2020 08:54

Nhs1...you were right I was going to buy at 800p I’m glad I didn’t because I’m a person I take both negative/positive opinions into consideration,I will never buy on falling knife...

[bricktycoon] 17/3/2020 08:51

Sub £1 imminent the skies are dead so is easyJet total I'm lockdown in days zero value for shareholders debt and cash burn unreal here game over sky fall

[bricktycoon] 17/3/2020 08:50

Zero value for shareholders here with the fleet grounded and easyJet's cash burn unreal this is doomed get out while u still can sub £1 immin

[nofool] 17/3/2020 08:28

It's Lax I worry about.

[1 nhs] 17/3/2020 08:28

Here we go.

I did warn you all this was going to be the outcome.

Profit warning No 3 due within the next few days

[bc4] 17/3/2020 08:23

Where is tlobs2 when you need him?

[1 pound here we come] 17/3/2020 08:01

Thought so. Must be fantasising about a bailout.

Dream on..

[bricktycoon] 17/3/2020 07:39

This is bust zero value for shareholders total European lockdown the skies are dead above John Lennon sub £5 today then death spiral down toward 0 p monster profit warning imminent covid 19 out of control sell while u still can