The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
That man is the biggest pain in backside. Wish he would wind his neck in. Watch as the “Airbus only” companies recover.
Karma
Over 11 millions shares traded yesterday.
MO, family and friends should be investigated by UK and European authorities for shorting airlines shares.
Sorry guys... all this is BS, holidays in this day and age are an essential commodity. People find the money no matter what. An increase in cost of holidays will do diddly squat. This is just noise to make money out of weak holders, top up or shut up. This will go back up. People want holidays and flights are crammed.
Https://www.theguardian.com/world/article/2024/may/07/chaos-at-heathrow-gatwick-stansted-edinburgh-manchester-uk-airports-e-gate-technical-problems
All sorted now. Most people know to expect things not always to go smoothly when travelling. Everyone will get over themselves…no one is going to unbook their holidays.
Treat it as a buying opportunity.
I honestly believe Michael o leary made this statement to damage all shareholders in all airlines because he has Boeing aircraft and as a result their business will be affected. being a bit spiteful I think
Christopher Jasper
Tue, 7 May 2024
Airline passengers face years of higher fares as the safety crisis plaguing Boeing is predicted to limit plane deliveries through much of the decade.
Steven Udvar-Hazy, executive chairman of Air Lease, which has more than 300 jets worth $21bn (£17bn) on order from Boeing and Airbus, said not a single plane was received on time in the first quarter and that supply chain issues will weigh on both firms for years to come.
He said that the aviation industry is afflicted by “too little supply and super-high demand with no means of resolution on the horizon”.
Mr Udvar-Hazy added: “We do not see a realistic way of changing this over the short to medium term. In fact, these imbalances are very likely to stay with us for at least three to four years in the future.”
Air Lease’s customers include many of the world’s major airlines, from discounters EasyJet and Wizz Air through to British Airways, Air France and Gulf giant Emirates.
Sash Tusa, an analyst at Agency Partners, warned the manufacturing crunch at Boeing risked higher fares for airline passengers.
He said: “Four years is a long time, but given where Boeing is right now with its inability to increase production of the 737 it’s not an unreasonable estimate.
“This is economics 101, supply and demand. Airlines are going to do two things; cut back on their low-yielding routes and then push up prices across the rest of their networks.”
Passengers face four years of steep fare rises after safety turmoil at Boeing.
https://uk.finance.yahoo.com/news/passengers-face-four-years-steep-193926034.html
Border control systems down. Did someone know about this earlier? Something is a bit off here.
I've just randomly looked at the SP chart for Jet 2, Tui, Lufthansa, Air France and all dropped at the same time as Easyjet. I didn't look at any more airlines as I just wanted to see if it was sector wide or just a handful of airlines.
I live in Spain and the other day they talked about the record number of tourists during the 1st quarter, led by the Brits. So the flights will be full for the foreseeable future. 😉
That is an excellent explanation and I am sure this was part of the agenda
He talks about lack of aircraft and supply chain causing fare reductions - if anything they would cause fare increases and overall fare income may be down due to lower volume. In the end I think he is just trying to mess with IAG and EZY results....
Do we honesty think people taking holidays to where Ryanair, Easyjet and Jet 2 fly too, will cancel due to a small % rise in the overall cost of their holiday. Any increase in charges must surely have a positive effect of income to the airlines, can't see many cancelling people are desperate to get out of this country for couple of weeks and get some sun.
Clank, maybe, but O'Leary was talking about fares not rising by as much and this article says 'According to research conducted by Mabrian Technologies, prices are set to rise on popular budget carriers Ryanair, easyJet and Jet2.' to Spain and The Canaries. So there could be a volume reduction in fares to Spain and The Canaries from the UK, however there are plenty of other destinations to go to using yanair, easyJet and Jet2 !!
I think its probably more to do with this news
https://www.express.co.uk/news/world/1896381/flight-prices-spain-ryanair-easyjet
Been busy all day and thought to see 550's at close. As Victor Meldrew said 'I don't belieeeeeeve it' !! Believe drop is something to do with Michael O'Leary comments earlier re fare prices not going to rise as much as expected this year ? Unless to do with no Gaza ceasefire ?
I bought during the dip after covid. Problem is it’s never went back up
Next set of results will be good on 16th. Whatever goes on at Ryan air has nothing to do with EZJ.
I refer you to dip stick comment below 😂
""Looking at summer ... We thought pricing would be up 5-10%. We're heading to flat (pricing year-on-year) to 5% up, which is surprising with a lot of the Airbus (AIR.PA), opens new tab fleet grounded for maintenance," he told Reporters in Brussels."
why is commenting on airbus as he only flies boeing ?????
Tomorrow it will be up 4% lol too funny. Oleary is a dip stick
Lordeh @14.50. Good observation.
Additionally. O'Leary has to get any negative pricing news out now. From memory, if the RYN share price holds above its 52 week high for 28 consecutive days he cops a £100 million bonus. I don't think it is to far away from this outcome. Clearly if he released the news after this then there would significant shareholder distaste.
In any event, it is likely that EZJ would soon soft release how they see the current market as his comments have an impact on them. O'Leary is also getting his news out before what could be terrific result from IAG this Friday.
Funny how the market is listening to some big shots comments and totally ignoring the TU only a few weeks ago.