Easyjet Share Discussion Threads

[lyceeuk] 27/3/2020 10:14

mrgate thanks for that information

[mrgate] 27/3/2020 10:08

Lyceeuk.......I fly regularly from Spain and have an online account.
3 days after the first cancellation the flight ALC - NCL 21/3 ON EZY WEBSITE showed on my account as cancelled and “disrupted flight” giving me the choice of choosing a new flight or a refund so I chose refund and it showed “refund being processed” for a few days and yesterday 26/3 the money was back on my Visa card.They also emailed me during the process.
Today my account is showing ALC -NCL APRIL 1st cancelled and again giving me a choice refund or amend.
I have other bookings April 15th and April 18th showing currently as on schedule but you can not book April now so it’s just taking time to work through thousands of cancelled flights

They will be inundated with phone calls and emails so just be patient and they will refund I have no doubt.

[amt] 27/3/2020 10:05

Once this initial lock down is over, say in 3 months if the China route is followed they are only allowing 75% capacity on flights.

[amt] 27/3/2020 10:03

I am sure we will get our refunds eventually. I am amazed they didn't cancel the dividend. Surely they could have got special authority to do it. If they need taxpayers help there may be resentment.

[lyceeuk] 27/3/2020 09:47

mrgate how were you able to contact them?.thanks

[bellesimo1] 27/3/2020 09:22

Timberrrrrrrrrrrr boy

[spacedust] 27/3/2020 08:50

I agree. And no one would WANT to hold over the weekend.

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One Airline that's bucking the trend and making huge gains as a result of the virus is Air Partner plc. Ticker AIR. And they've maintained their dividend too

[carlsberg] 27/3/2020 07:29

Rang emailed messenger and no reply ?

[lyceeuk] 27/3/2020 07:16

any one got a refund for cancelled flights,since they turned the phones OFF

[philanderer] 27/3/2020 00:20

MARKET REPORT: Airlines face £63bn blow as travel ban takes its toll, with government still to offer a bailout deal

[bellesimo1] 26/3/2020 19:09

The worse coming next weeks btw.as bbc saying we are behind other eu countries

[bellesimo1] 26/3/2020 19:07

Boy....400p in logic world,it obvious money 💴 pumped in airlines tourism
How the hell share price goes up when airlines not flying no profit giving refunds...Hilton hotel shut and share price goes up...come on people.im holding on cash because I smell something bad coming
if you made profit get out,or maybe you got in at 1100p you have long way to go.

[tlobs2] 26/3/2020 19:07

Andrew Neil via twitter

Guidance, please. Is Imperial’s Neil Ferguson, whose modelling gave us the 250,000 deaths projection and led to lockdown, now saying UK deaths 'could be substantially lower' than 20,000 -- and two thirds would have died in the next 6 months anyway?


And from Imperial College website

Imperial’s Neil Ferguson, Director of J-IDEA, has told MPs that the current UK lockdown could keep the coronavirus outbreak at manageable levels.
Professor Ferguson was speaking to the Science and Technology Committee about the latest COVID-19 outbreak predictions.

Speaking via video link, Professor Ferguson explained that while there was some uncertainty, if current measures work as expected, then intensive care demand would ‘peak in approximately two to three weeks and then decline thereafter’.
He told the committee current predictions were that the NHS would be able to cope if strict measures continued to be followed.

Professor Ferguson, who is also Director of MRC Centre for Global Infectious Disease Analysis, added: “There will be some areas that are extremely stressed but we are reasonably confident – which is all we can be at the current time – that at the national level we will be within capacity.”

[karateboy] 26/3/2020 18:32

Buy now, 12 month later double your money. People who advocating £4 this week got only tomorrow !

[albert3591] 26/3/2020 17:52

Don’t let them kid you.

[tlobs2] 26/3/2020 17:32

Disclosed positions in EASYJET PLC (EZJ)


Fund % short change Date changed

AQR Capital Management, LLC 2.43% 0.14% 24 Mar 2020
Citadel Advisors LLC 0.88% -0.04% 23 Mar 2020
Citadel Europe LLP 1.13% -0.09% 24 Mar 2020
Greenvale Capital LLP 1.15% 0.15% 25 Mar 2020
Marshall Wace LLP 0.51% 0.11% 25 Mar 2020

Total 6.10%


That's twenty four millions shares (minimum) required at some point (and at whatever price) in the future. Considering all that pressure the share price has held up particularly well.

[tlobs2] 26/3/2020 15:56

amt, it depends how the hedge has been agreed.

We buy high tech equipment from the US and Europe on a three to six month lead time.

We order equipment at agreed prices on the understanding that if the price of the equipment falls then our buy price falls along with it.

It can be done if you structure the deal right ;-)

[albert3591] 26/3/2020 12:12

You only gain if it’s being used

[amt] 26/3/2020 12:10

tlobs2. I am afraid they won't gain from lower fuel prices until sometime in the future.

[tlobs2] 26/3/2020 10:11

cashandcard, it depends how the hedged fuel deal has been structured.