Get Live Data
Less Ads, More Data, More Tools Register for FREE

Latest Share Chat

  2. Share Prices
  3. easyJet Share Price
  4. easyJet Share News
  5. Airline bosses report sky high operating costs but remain optimistic for 2017

Pin to quick pickseasyJet Share News (EZJ)

easyJet Information

Share Price Information for easyJet (EZJ)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 460.00
Bid: 459.90
Ask: 460.20
Change: 0.00 (0.00%)
Spread: 0.30 (0.065%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 460.00
EZJ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Airline bosses report sky high operating costs but remain optimistic for 2017

Thu, 19th Jan 2017 15:29

(ShareCast News) - The International Air Transport Association has released research suggesting a challenging environment for airlines, including lower passenger yields and an increase in operating costs.According to the organisation, almost two-thirds of respondents to its survey of industry leaders said that the final quarter of 2016 saw lower passenger yields than in 2015.In addition, 31% of those questioned reported an annual increase in operating costs during the quarter, which was the biggest increase since the second quarter of 2014. It projects that these are likely to increase further in 2017."With a rebalancing in the oil market slowly taking place, and some signs of emerging labor cost pressures, the forward-looking weighted-average score remained above the 50-mark for just the second time in the past 10 surveys, pointing to a further increase in input costs over the coming year," the IATA said in its January 2017 survey.In terms of profitability, the outlook for the sector remains unchanged, with an even balance of CFOs and head of cargo reporting increases and decreases in profit for the period to the end of December.However, the research showed that the majority of those in the sector expect profits to increase in 2017."The majority of respondents (42%) expect profits to increase over the next 12 months - the first time this has been the case since the April 2016survey. But this proportion is some way below the 60-70% level that was the norm a few years ago."This optimism is cemented with the belief that passenger volumes will grow throughout the year. 74% of respondents told the IATA that volumes will increase in the next 12 months, the highest figure since 2013.
More News
5 May 2023 07:08

British Airways-owner IAG sees travel rebound lifting forecasts

LONDON, May 5 (Reuters) - British Airways-owner IAG said strong ticket sales for summer travel and a winter season which beat expectations meant 2023 profit would come in above its previous forecasts.

Read more
27 Apr 2023 09:38

LONDON BROKER RATINGS: Reckitt price targets raised; Ocado is 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning:

Read more
20 Apr 2023 09:47

LONDON BROKER RATINGS: Jefferies raises Direct Line; BoA cuts boohoo

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday afternoon:

Read more
20 Apr 2023 08:43

UK's Jet2 confident on summer as holiday demand stays strong

LONDON, April 20 (Reuters) - Jet2 plc, Britain's biggest tour operator, upgraded its annual profit forecast and said trading for the coming summer was encouraging with demand for holidays continuing to defy the UK's gloomy economic outlook.

Read more
19 Apr 2023 10:26

Liberum raises target price on EasyJet

(Sharecast News) - Analysts at Liberum hiked their target price on low-cost carrier EasyJet from 500.0p to 650.0p on Wednesday, stating it was "shrugging off macro concerns".

Read more
19 Apr 2023 09:48

LONDON BROKER RATINGS: Stifel likes Ryanair but not On The Beach

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday afternoon:

Read more
18 Apr 2023 17:36

European shares end higher on China data cheer, travel stocks lead gains

Travel stocks hit near 1.5 year high

*

Read more
18 Apr 2023 12:15

Equities: reasons for optimism and reasons for caution

STOXX 600 hits fresh 14-month high

*

Read more
18 Apr 2023 10:18

Look out for the most anticipated recession ever - BNP

STOXX 600 up 0.25%

*

Read more
18 Apr 2023 10:02

TOP NEWS: easyJet yearly profit to top market view despite inflation

(Alliance News) - easyJet PLC on Tuesday said it expects yearly profit to top market expectations, as the budget carrier enjoyed "strong booking momentum" in its first-half and hailed a return to pre-pandemic capacity levels in the UK over Easter.

Read more
18 Apr 2023 09:02

LONDON MARKET OPEN: UK job market falters; miners climb on China data

(Alliance News) - Stock prices in London opened higher on Tuesday, after China saw a stronger-than-expected economic rebound at the start of 2023, while data pointed to a softening in the UK labour market.

Read more
18 Apr 2023 09:01

Financials keep STOXX afloat

STOXX 600 up 0.2%

*

Read more
18 Apr 2023 07:54

LONDON BRIEFING: UK unemployment up to 3.8%; strong start for Entain

(Alliance News) - Stocks in London were called to open flat on Tuesday, after data showed an unexpected rise in UK unemployment.

Read more
18 Apr 2023 07:02

EasyJet lifts guidance as booking demand soars

(Sharecast News) - Low-cost airline easyJet on Tuesday said it expected to beat market expectations for annual profits due to high demand and strong summer bookings after slashing losses in the first six months of the current year.

Read more
17 Apr 2023 17:37

Consumer staples boost FTSE 100; banks limit gains

John Wood Group gains on Apollo Management's buyout deal

*

Read more
121314151617181920

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.