EasyJet and Halfords target middle aged and retirees to ease staff shortages
Companies are turning to the older generation to find new recruits
Company
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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Companies are turning to the older generation to find new recruits
The City broker's analysts said: "Concerns about the cost of living squeeze and a potential recession impacting demand are overstated"
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Analysts at Peel Hunt noted that the outlook for full-year 2023 is encouraging with booked load factors ahead of the same point in 2019 and yields remaining robust, albeit on slower capacity recovery than they anticipated
The budget airline operator forecast a full year loss of between £170mln-£190mln despite a strong fourth quarter and as a result will not be making a pay-out to shareholders this year.
"There could be risks to passenger demand" next year due to inflationary pressures meeting weaker consumer demand
Builders and building materials
In the US, earnings are expected from BlackRock, Domino’s Pizza, Delta Airlines and Walgreens Boots Alliance
Loganair has been operating for more than 60 years, with over 900 staff and flying to more than 40 destinations
Whether forward bookings are starting to suffer and if people are pulling back on extras will be something for investors to note
Over roughly 20 years, the carrier has already cut emissions per passenger per kilometre by one-third, showing a significant acceleration in its decarbonisation
Passengers attempted to claim compensation following an over three-hour delay on 15 August, with the temperature reaching 23C that day in Jersey
Over 25 scheduled easyJet flights between the UK and Lisbon have been cancelled so far, though these have only affected airports in England
The airport group returned to profit in the first half after pandemic travel restrictions were lifted
Shares in IAG, owner of British Airways, EasyJet and Wizz Air were all under pressure
Analysts say the outlook for the low-cost airline is looking “brighter”
The airline also reduced its headline pre-tax loss by nearly two-thirds
The market consensus is that easyJet will post in the region of £1.7 billion of revenue for the third quarter
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At the close, the UK blue-chip index was up 29.93 points, or 0.4% at 7,306.30, just below the afternoon peak of 7,309.65 but well above the session low of 7,242.90
Airline's founder relents after bitter dispute over more than 55 new Airbus planes valued at US$6.5bn, though "substantial reduction" is in the works
Many easyJet cancellations have taken place with passengers having already checked in, waiting in the departure lounge or even on the plane and waiting to take off