Easyjet Share Discussion Threads

[danvandan] 30/11/2021 09:11

CDA now until the plague is properly over.

[danvandan] 30/11/2021 09:00

A shame that Lundgren can't be bothered to give us an update on the last two months. It'd be nice to know if EZJ had managed to make any money on its low volume strategy. Seems the answer is 'no'. Most likely another RI needed.

[topazfrenzy] 30/11/2021 08:12

Quick trade here - IN at 487 and OUT at 511 lol

[laptop15] 30/11/2021 08:05

Didn't real well that's foe sure, will wait till the dust settles before buying any

[peanut100] 30/11/2021 07:58

Bust in 12 months

[nick100] 30/11/2021 07:20

RNS 11/30 06:59 easyJet PLC EZJ Final Results
BN 11/30 07:03 *EASYJET NOT BE APPROPRIATE TO GIVE FURTHER FINL VIEWS FOR '22
BN 11/30 07:02 *EASYJET 2Q CAPACITY IS EXPECTED C. 70% OF 2Q '19 LEVELS
BN 11/30 07:02 *EASYJET SEES TO FLY C.65% OF '19 CAPACITY LEVELS IN 1Q
BN 11/30 07:00 *EASYJET TOO SOON TO SAY WHAT IMPACT OMICRON MAY HAVE
BN 11/30 07:00 *EASYJET FY HEADLINE PRETAX LOSS GBP1.14B, EST. LOSS GBP1.15B
BN 11/30 07:00 *EASYJET CURRENT FY'22 2H REV BOOKED IS AHEAD OF FY'19 LEVEL
BN 11/30 06:59 *EASYJET FY PASSENGERS 20.4M, EST. 20.6M
BN 11/30 06:59 *EASYJET FY CAPACITY -48.9%
BN 11/30 06:59 *EASYJET FY REV. GBP1.46B, EST. GBP1.46B
BN 11/30 06:59 *EASYJET FY HEADLINE PRETAX LOSS GBP1.14B, EST. LOSS GBP1.15B

EasyJet FY Headline Pretax Loss GBP1.14B, Est. Loss GBP1.15B
2021-11-30 07:05:54.958 GMT


By Charles Capel and Bloomberg Automation
(Bloomberg) -- EasyJet reported headline pretax loss for
the full year of GBP1.14 billion, estimate loss GBP1.15 billion.
YEAR RESULTS
* Headline pretax loss GBP1.14 billion, estimate loss
GBP1.15 billion (Bloomberg Consensus)
* Revenue GBP1.46 billion, estimate GBP1.46 billion (range
GBP1.19 billion to GBP1.85 billion)
* Load factor 72.5%, estimate 72.5%
* Revenue per seat GBP50.54
* Passengers 20.4 million, estimate 20.6 million
* Capacity -48.9%

COMMENTARY AND CONTEXT
* Current Fy'22 2H Rev Booked Is Ahead of Fy'19 Level
* Too Soon to Say What Impact Omicron May Have
* Sees to Fly C.65% of '19 Capacity Levels in 1Q
* 2Q Capacity Is Expected C. 70% of 2Q '19 Levels
* Not Be Appropriate to Give Further Finl Views for '22

* Reallocated 43 aircraft to higher returning bases
* Increasing market share at London Gatwick after reallocating
aircraft along with the addition of new slots

NOTE
* For Bloomberg Consensus estimates used in this story see: EZJ
LN Equity MODL

* 18 buys, 4 holds, 2 sells

[danvandan] 29/11/2021 16:28

Amazing that this isn't in the £4s yet, what with all the additional testing and quarantining required across Europe and the rest of the world. Results tomorrow will not be pretty either. Not much of a drop since Thursday, all things considered; this could be the lull before the storm.

[taurusthebear] 29/11/2021 12:28

Better to short the useless tyrannical UK Government.

[topazfrenzy] 29/11/2021 09:31

SO MANY DESPERATE DERAMPERS HAHAHAHAHAHAHA

[topazfrenzy] 29/11/2021 09:30

All the idiots expecting 300 today lol

[mj19] 29/11/2021 08:39

EasyJet full-year results – TuesdayFor airlines, 2021 promised much but delivered little. The hope at the start of the year was that vaccines would herald a return to some sort of normality for a sector that has borne the brunt of pandemic restrictions. But the route out of the pandemic hasn't been as simple as that. Ongoing travel restrictions amid the threat of new variants have contributed to EasyJet missing targets this year, which partly explains why the easyJet share price has plummeted almost 40% in the last six months, after early-year optimism pushed the stock above 900p in May. To shore up its finances, the company raised £1.2bn from a rights issue in September, reducing its debt to £900m from £2bn. That same month, the company revealed that it had rejected an unsolicited preliminary takeover approach from an unnamed source. Unconfirmed reports suggest that the suitor was rival operator Wizz Air. In the 20 months since the first lockdown, easyJet has raised more than £5.5bn to bolster its finances. It has also sold and leased back 43 of its aircraft to raise extra cash, though it appears to have decided against pursuing this strategy any further, at least for the time being. For the six months to March, easyJet reported a loss of £701m. The second half of the year is unlikely to have significantly altered the company's fortunes, given that it flew at only 17% of capacity in Q3 – the third successive quarter in which capacity has been below 20%. The situation improved in Q4, as easyJet said in October that it managed to operate at 58% of 2019 capacity during the quarter, flying 17.3m seats, slightly above what it expected in early September, and well above the 17% in Q3. Nonetheless, the Q4 figure still fell short of the 60% that easyJet had originally forecast. In a sign that easyJet is more optimistic about the financial year ahead, it raised its capacity guidance for Q1 from 60% to 70% of 2019 levels, though fresh travel restrictions in parts of Europe and the emergence of another new variant could throw this target into doubt. Full-year losses are expected to come in at around £1.2bn.

[theblackbaron] 29/11/2021 08:18

More shut downs flights in Germany and Europe to come

[m1k3y1] 28/11/2021 22:43

To date, Omicron is proving less harmful than the delta variant.

There are no reported hospitalisations, or deaths as a result of the Omicron Mutation

[peanut100] 28/11/2021 22:28

Ezj going bust get out while you can

[belfast_child] 28/11/2021 21:33

Yes - this is it Omicron will effectivly vaccinate the world!!!! IT'S OVER hxxps://www.cityam.com/coronavirus-blessing-in-the-sky-omicron-may-be-very-positive-news-for-the-world-if-new-covid-mutation-kills-off-more-lethal-delta-variant/

[nick100] 28/11/2021 19:10

Blessing in the sky: Omicron variant may be 'very positive' news for the world if new Covid mutation kills off more lethal Delta coronavirushttps://flip.it/0JigKp

[loganair] 28/11/2021 16:30

From last night Switzerland mandated 10 days of quarantine for all new arrivals, in effect wrecking skiing holidays in the Swiss Alps until further notice.

Looking like as from Monday Israel will be banning all foreigners from entering Israel for the next 14 days.

[taurusthebear] 28/11/2021 14:12

Too early to say about Moronic. But it's a great excuse for power-hungry politicians to show the plebs how "clever" (controlling) they are.

[topazfrenzy] 28/11/2021 10:37

STORM IN A TEACUP

Doctor who discovered Omicron variant says UK 'panicking unnecessarily' and that symptoms 'extremely mild'

The doctor who discovered the Omicron variant said the UK was “panicking unnecessarily” and that the symptoms are “extremely mild”.

Dr Angelique Coetzee, chair of the South African Medical Association, told The Andrew Marr Show she first encountered the variant in a man in his early 30s who presented with tiredness and a mild headache, but none of the usual coronavirus symptoms.

She said: “What we are seeing clinically in south Africa, and remember I’m at the epicentre - that’s where I’m practising - it’s extremely mild. For us, that’s mild cases.”

When asked if the UK was “panicking unnecessarily”, she said: “I think you already have it there in your country and you’re not knowing it, and I would say, yes, at this stage I would say definitely.

“Two weeks from now maybe we will say something different.”