Easyjet Share Discussion Threads

[albert3591] 27/9/2020 16:28

If this has a big hit first thing tomorrow I will buy and sell at 8.45 I am sure it will rise after initial fall,famous last words.

[tomv33] 27/9/2020 16:18

BBC news... easyjet is hanging by a thread.

[loganair] 27/9/2020 15:06

Tui to cut 8,000 jobs as bookings drop due to coronavirus pandemic.

Travel giant Tui has made further cuts to winter capacity due to changing restrictions, as it reported an unprecedented 83% slump in summer bookings.

The Anglo-German business said it has cut its fourth quarter programme to just 25pc.

It has also switched to alternative low-risk destinations, but said the last month has been impacted by “continuous changes in travel advice by various governments across our markets”, with holidaymakers now booking very last minute as a result.

Russ Mould, investment director at AJ Bell, said: “Despite this optimism, Tui has seen a decline in booking volumes, holiday prices, holiday capacity and a shift in consumer trends whereby many people are waiting until the last minute to book, which clouds earnings visibility.

“The fact that governments keep changing travel advice is not helping matters, but the pandemic is a fluid situation and companies like Tui will simply need to keep on their toes and be ready to either seize opportunities to sell more holidays if conditions permit, or hunker down and go into survival mode if conditions worsen.”

[loganair] 27/9/2020 15:01

Jet2 cancels more flights and holidays - In an announcement, Jet2 told its customers that it had taken the "difficult" decision to suspend flights and holidays to three destinations.

It said flights and holidays to Prague, Paris from all UK bases, excluding the East Midlands, are suspended up to 23 November.

Meanwhile flights and holidays to Budapest from all UK bases, excluding the East Midlands, are suspended up to 25 November.

[cashandcard] 27/9/2020 12:28

This 'hanging by a thread' comment is over egging the situation. Rya is best positioned to survive this pandemic - low cost and went into the crisis with a cash mountain. I would honestly put EZJ behind them, given the cashburn figures released and the liquidity available (£2bln) with the option for further sale leaseback deals. We know they are generating more revenue as the £120-160mln cashburn figure was given at the height of the lockdown when barely any aircraft were flying. Jet2 look like they've got decent liquidity but have been silent, very very silent on cashburn and holiday bookings/redemptions. Too quiet for my liking, I prefer some cashburn figures at the least.But overall, it's IAG that is haemorrhaging cash, even after the RI, they are burning £1bln every 7weeks or thereabouts. Unless they can take an axe to their costbase, and their summer outlook improves in Q1/Q2 2021, they are in serious trouble.Cash

[18bells] 27/9/2020 09:59

BritishBrainwashing Corporation

[activeservo] 26/9/2020 16:19

Being true to my word, I had just a dabble (thank f''k) yesterday for Monday trading and I'm on the fence regarding this news. It's just biased union chat and I suspect was a planned leak to hurt Easy.

[greco600] 26/9/2020 14:56

Really you believe no impact Monday.....They are over priced as it is with what's happening and no sign to when things will be back to normal.

[greco600] 26/9/2020 14:53

I personally wouldn't want to b in any airline currently

[greco600] 26/9/2020 14:53

https://www.bbc.co.uk/news/amp/business-54303379

[albert3591] 26/9/2020 14:53

Take more water with it son

[sbb1x] 26/9/2020 14:18

Be back to 6.50 pounds soon enough here

[loganair] 26/9/2020 13:20

Wizz Air has warned it may be forced to park more of its planes over the coming months as coronavirus travel restrictions will continue to depress demand for travel.

[albert3591] 26/9/2020 13:10

Davevt...looks to have got this dead on with his 60p sp,how long it will take remains to be seen.Rya must be getting ready for some slots on the cheap.

[albert3591] 26/9/2020 13:07

Biox.....after reading that,would you be happy to buy on Monday,also if you bought on Friday you won’t be getting much sleep tonight and Sunday night.I would be well pi+=ed off.

[inaminute] 26/9/2020 12:58

He hadn't negotiated a good deal and had to sell it to his members. Not good publicity though.

[boix] 26/9/2020 12:56

Make your own mind up

EasyJet 'hanging by a thread', says union official

[albert3591] 26/9/2020 12:51

I think there will be a huge impact Monday,COVID and now this,people won’t take chances on two big reasons not to fly.

[boix] 26/9/2020 12:36

If you read the full BBC report it's not as bad as the headline.The same could be argued for every airline worldwide.They all need a good summer 2021.Nothing new and don't think it will have any impact by Monday