easyJet’s current uncertainty masking long-term opportunity, says broker
The broker also said recent weakness meant the current share price of the budget carrier was an “attractive entry point” for investors
Company
easyJet PLC
LON:EZJ
EasyJet is engaged in the provision of a low-cost airline service on short-haul and medium-haul point-to-point routes principally within Europe.
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easyjet shifts focus to Europe as UK travel recovery stalls
Two-thirds of bookings currently originate from within Europe compared to 50:50 normally
Holiday bookings surge as government eases amber list rules
“In the next couple of weeks I’ll be able to come forward and say more about other locations in the world.”
Johnson offers airlines hope in spite of 'extra precautions' warning
The EU’s digital Covid certificate came in to effect today
EasyJet can spring recovery surprise, suggests Credit Suisse
Meaningful intra-EU bookings can have a significant impact on reducing debt
End to quarantine for vaccinated travellers under consideration, says Hancock
An announcement might come as soon as Thursday according to the reports
easyJet and other budget carriers to benefit from rival cost-cutting, says Citi
Analysts said the orange and white liveried carrier is particularly poised to take advantage of "retrenchment” at Franco-Dutch airline Air France-KLM and German carrier Lufthansa
Portugal gets extra flights as Brits rush home to beat quarantine deadline
Portugal’s status on the government’s traffic light system was changed from green to amber on Thursday
Airlines hit as Portugal loses green list status
Shares in IAG dropped 5.5% to 197.8p, Ryanair 3.8% to €16.51 and easyJet 6% to 949p.
easyJet says UK government guidance on international travel is confusing
The debate continues as transport secretary Grant Shapps said people should "common sense"
easyJet looks to “flex up” to cater for pent-up demand for holidays
The airline sees capacity rising in June though passenger numbers for the third quarter are expected at around 15% of 2019 levels
Airlines start the week on the back foot after UK’s green list for international travel underwhelms
A City broker said the "extremely cautious approach so far does not bode well"
easyJet expects most EU countries to be on UK's 'green' travel list next month
The budget carrier said its losses for its first half are expected to be lower than predicted despite an almost 90% decline in passenger numbers as the COVID-19 pandemic and travel restrictions collapsed demand
Airlines show inconsistent reactions amid confusion on international travel following Prime Minister’s statement
British Airways owner IAG, TUI and Wizz Air were on the rise despite the lack of clarity on government guidelines
Investors (and holidaymakers) being overly optimistic about 2021 flight rebound, says Citigroup
The recovery of demand will be “splintered and truncated”, and cash burn for the airlines will persist “to greater levels than expected”, the analysts reckon
Slow vaccine rollout to hit low-cost airlines recovery, says JP Morgan
Analysts trimmed target prices for easyJet, Ryanair and Wizz air because of the continued cash burn
easyJet expects capacity to drop by 90% in second quarter; cash burn £40mln per week
The airline remains flexible to meet consumer demand whenever it picks up
easyJet, Wizz Air, Diageo feature in Thursday’s busy diary
It promises to be a busy end to January, with EasyJet, Wizz Air, Diageo, TalkTalk, and Tate & Lyle among those in the diary.
easyJet flags 250% summer bookings surge in Holidays arm
The budget carrier hopes this consumer confidence will translate into pent-up demand once restrictions are lifted
easyJet secures £1.4bn loan facility to ride out pandemic turbulence
The budget carrier said the additional cash will “significantly extend and improve” its debt maturity profile and strengthen its balance sheet by increasing liquidity levels