Easyjet Share Discussion Threads

[time for common sense] 18/11/2021 14:19

Now they blame unvaxed and impose lockdowns on them. I wonder who will they blame later. Gibraltar has highest vax rate and is leading statistics with covid. When sheeple will wake up. Surely they can see something is not right.

[m1k3y1] 18/11/2021 13:33

It is farcical.
As I previously stated, "UK Covid figures still doing well.
Daily Deaths with Covid on the certificate by date of death as of 5th November is 66"

They continue to quote very misleading figures.
Check the stats.

[loganair] 18/11/2021 13:12

Many people seem to be forgetting even though the UK currently has no countries on its Red list the UK is currently on the Red list of over 30 countries.

[loganair] 18/11/2021 13:11

"With increasing number of infections, lockdowns being reintroduced in some countries, we see the risk easyJet will have to incentivise demand and stimulate load factors with significant fare discounts."

easyJet currently has flights to popular cities across the UK and Europe from just £22.99 each way - which could drop even further if they slash prices.

However, while the UK is yet to go back into lockdown, countries in Europe that have seen a sharp rise in Covid cases are enforcing strict lockdown rules again.

[loganair] 18/11/2021 09:14

Gibraltar - "safest place on the planet" as it has the highest vaccination rate in the world and yet has the 5th highest covid infection rate in Europe.

[laptop15] 17/11/2021 12:50

What do u guys think?? Good time to buy or further to drop? CV rising in Europe has to effect the business

[danvandan] 15/11/2021 18:01

Kepler downgrades easyJet, slashes price target

From sharecast.com

Kepler Cheuvreux downgraded its stance on easyJet on Monday to ‘reduce’ from ‘hold’ and slashed the price target to 460p from 605p:

"We consider deteriorating traffic trends coupled with slot requirements at European capacity-constrained airports to be increasingly likely during the current winter flight schedule," it said. "In such a scenario, we consider easyJet to be the most vulnerable company in our coverage."

Kepler said it expects easyJet to operate at least 50% of its pre-crisis capacities during the winter flight schedule in order to keep its portfolio of slots at capacity-constrained airports.

"With increasing number of infections, lockdowns being reintroduced in some countries, we see the risk easyJet will have to incentivise demand and stimulate load factors with significant fare discounts," it said.

Kepler also said it sees increasing political opposition to low-cost carriers in many of easyJet’s main markets post-Covid.

"EasyJet has a weak track record in terms of cost control, and we see rising costs as a major risk during the traffic recovery period," it said.

It also pointed to higher future environmental costs as a percentage of 2019 operating result than for any other airline in its coverage.

"EasyJet had a poor track record in terms of cost control pre-crisis and the airline has already indicated increasing costs in the future," it said.

[danvandan] 15/11/2021 14:25

wizzair is getting 100 new aircraft (not sure of the timeline though) including longer range aircraft to serve middle-east routes. Meanwhile EZJ is heavily indebted and doesn't have enough money to pay dividends OR expand the business, and will just bump along the bottom trying to trade its way out of debt.

One analyst has swapped sides today to a 'sell'. The others will soon follow, I suspect. Meanwhile the shareprice continues to decline.

[deanroberthunt] 15/11/2021 09:03

COVID is only a problem, because the powers that be have decided to make it a problem....

[deanroberthunt] 15/11/2021 08:41

Totalitarianism in Austria, I suppose it did sort of all start there in the 1930's...

[deanroberthunt] 15/11/2021 08:38

I thought Police were "to protect and serve" ?

[rocketblast] 15/11/2021 08:28

Ezj damaging climate change polluting the planet…. Sales looking bad and Debt increasing. Bleak QTR4 with further falls 500p support some say 450p or even less!!!

[deanroberthunt] 15/11/2021 08:20

How have we got to a point where there's Police in restaurants checking whether people are double vaccinated !! it's all got so out of proportion it beggars belief, this virus is only "marginally" worse than a bad flu year, with an average age of death over 80, and less than 1% mortality rate...if you're otherwise fit and well and under the age of 65, then you've got more chance of a threesome with Nicole Kidman and Jennifer Aniston, then when you've finished, walking outside and getting hit by a 747!

[deanroberthunt] 15/11/2021 08:11

Just hope Boris doesn't lockdown again...but I think that's looking likely, as they'll just follow what Europe is doing....it's an absolute disgrace what's happening in Netherlands and Austria, whole worlds going Marxist, fast.

[porsche1945] 14/11/2021 12:20

We’re concerned about a fourth wave of Covid from Europe, Emirates president says.

CNBC today.

[loganair] 13/11/2021 17:22

Germany’s disease control centre is urging people to cancel or avoid large events and to reduce their contacts as the country’s coronavirus infection rate hits a string of new highs.

Mr Rutte also said that social distancing is returning and urged people to work from home whenever possible.

[hornetnest] 12/11/2021 18:22

@timeforcommonsense; you were touting goldman sachs as an investor; the RNS this afternoon shows Goldman selling down from over 5% to 1.5% and the big trade volume today suggests either they or another insti has sold out of easyjet today.

Things seem to be turning from over-optimism back to reality for the shareprice. Even £4 looks like an expensive market cap at over £3bn. If easyjet were making £200m that would give them a price/earnings ratio of about 15, but I don't think they're even making that. DYOR.

[rocketblast] 12/11/2021 10:05

Ezj damaging climate change polluting the planet doesn't help. Maybe they need Hot Air Balloons like the share price. Too Risky at these levels… Down down and below 500p soon.

[rocketblast] 12/11/2021 10:02

EZJ is a DISASTER WAITING TO HAPPEN not driving sales as summer was weak. Looking like 600p will be tested with the next support level at 500p. Some say 450p as the next period proves very difficult with reduced revenue. Too RISKY and 500p looks more likely…