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Bought some more at 723 - V. Happy with that.
Got mine in Stille, just love a bit of panic to increase my holdings in what is a very well run business.
Hoping all got their buys in this morning :)
The reason it hasn’t dropped as much as other airlines.
Tempted to sell up and in the words of Simon Pegg in Shaun of the Dead, 'sit in the pub til it all blows over!' - then get back in!
This is bad news
Netanhayu needs to wake up and put his head back in. Has to have the last word. He needs stopping by the rest of the world that say they're helping him but also don't agree what he's doing. The guy is not far off Putin in my book.
Longinvester, I agree 100%
Easyjet is no longer a recovery stock in terms of its current financial record.
However the actual share price is definitely a recovery type share price but that is common to most of the UK stock market and Airlines are regarded as a particularly volatile type stock which can be negated by easyjet showing clear leadership and profit growth within the Airline sector. DYOR.
Yes, 4x increase in divi could be classed as huge but in actual yield is still less than 3% so not really attractive enough to get people flocking in. This is still primarily a recovery play IMHO.
Holidays were about 25% of profit in 22/23 and H1 shows an increase of 80% in hols. This could equate to an increase of profit contribution by about £100M of hols. If the reduction in loss of about £60M in H1 reflected in the H2 period we could expect a further increase in overall profit of non holiday section from £333M by 10%.
This very crude guesstimate would give a profit total of £600M for 23/24 and a 20% divy of that to 750M shares gives a divy of 16p which is nearly x4 of last divy. We can all hope for more! The debate is not just what the divy might be but how a hugely increased divy might be reflected in SP! Thoughts welcome
Aren’t we in ftse100?
Where are fuking funds
Better airliner
Last time my son went on MoD business to Tel Aviv his luggage got confiscated…no harm done…IAG paid for new wardrobe😂
What the hell would Nets want to wait until the end of Passover for?
Oh, right, he doesn't want to start WW3 during Passover - just a few days after.
You have to love religion and its logic.
"I wonder if this will have a calming effect on the markets knowing its not going to be immediate"
Would not have thought so. It means prolonged uncertainty. Better would have been a quick strike, and then we would all know where we were.
EZJ.L
+2.53%
EJTTF
-10.27%
Neil Lancefield and Holly Williams, PA
Thu, 18 April 2024 at 8:31 am BST
In this article:
EZJ.L
+2.55%
EJTTF
-10.27%
EasyJet has revealed first-half losses are expected to narrow by more than £50 million after this year’s early Easter helped offset a hit from the Israel-Hamas conflict.
In an update on its half-year performance, the group said it is on track for headline pre-tax losses of £340 million to £360 million in the six months to March 31, against losses of £411 million a year earlier.
The airline said demand has bounced back since late November, with half-year figures also boosted by the start of the Easter holidays falling in March this year.
It comes in spite of a “direct impact” of around £40 million in the six months to the end of March due to the war between Israel and Hamas.
This relates to the suspension of flights to Israel and Jordan, alongside a softening of demand for trips to Egypt since the conflict began in October.
EasyJet said earlier this week that it is suspending flights to Tel Aviv for the next six months after Iran’s missile and drone attack against Israel at the weekend.
EasyJet boss Johan Lundgren
EasyJet boss Johan Lundgren said ‘our growth and focus on productivity have reduced winter losses by more than £50 million’ (Matt Alexander/PA)
Between October and March, passengers numbers were up 8% year on year, while average fares paid increased by 9% to £65.
Seasonal demand for air travel means airlines often record losses in the winter and profits in the summer.
EasyJet chief executive Johan Lundgren said the company has “positive momentum” as demand “continues to build well for the summer”, particularly to destinations such as Majorca, Malaga, Portugal and Amsterdam.
He said “a lot of factors” were considered when suspending Tel Aviv flights.
Making the decision early in the summer season means the airline can reallocate aircraft to routes with “a stronger demand”, he added.
He went on: “The importance that consumers place on travel coupled with easyJet’s trusted brand has driven good demand for our flights and holidays.
“Our growth and focus on productivity have reduced winter losses by more than £50 million.
“We have further enhanced our network with the launch of new bases in Alicante and Birmingham providing greater choice for consumers across Europe.
“We are well set up operationally for this summer season where we expect easyJet to be one of the fastest growing major airlines in Europe and take more customers on easyJet holidays than ever before.”
Sky News is reporting that any Israeli response to be made on Iran will be delayed until after the Jewish Passover.
So that means not until the end of the month
I wonder if this will have a calming effect on the markets knowing its not going to be immediate?
Last I heard she's still with thick Harry.
Isn't strong enough.
Won’t be surprised.
Just heard on my local BBC Radio Solent that more flights are going to be added at Southampton; France, Spain, Italy and Malta. No mention of timescales or operators. Here’s hoping EZJ are part of the action! Southampton is an excellent regional airport, good transport connections and catchment area.
One of those words that just sounds fab. Learnt something new. Thanks Stille, every little helps when you're empty!
*dishdashas
Clearly with US airlines settling, we are not going to achieve £6 today.
Just my view: 0.3% revenue coming from TLV and BEY flights is nothing. I think Netanyahu will keep his neck wound in and reserve any attacks to smart and strategic. Wingman and I come from generation of Zionist protagonists. No surprise we all kids owned and wore dishdashers with pride. Sad situation and we all miss Yasser and Kissinger.