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Pin to quick pickseasyJet Share News (EZJ)

Share Price Information for easyJet (EZJ)

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Share Price: 522.80
Bid: 521.00
Ask: 521.40
Change: -2.00 (-0.38%)
Spread: 0.40 (0.077%)
Open: 523.80
High: 528.40
Low: 520.20
Prev. Close: 524.80
EZJ Live PriceLast checked at -

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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.
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1 Feb 2024 12:22

LONDON MARKET MIDDAY: BoE keeps bank rate on hold in split decision

(Alliance News) - London's FTSE 100 was on the up on Thursday afternoon after the Bank of England left interest rates on hold on Thursday, in a split decision.

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1 Feb 2024 09:03

LONDON BROKER RATINGS: Barclays cuts Next; JPMorgan raises easyJet

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

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1 Feb 2024 07:58

JPMorgan upgrades easyJet to 'overweight'

(Sharecast News) - JPMorgan Cazenove upgraded easyJet on Thursday to 'overweight' from 'neutral' as it took a look at European airlines.

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26 Jan 2024 09:07

LONDON BROKER RATINGS: Morgan Stanley ups Rightmove; Deutsche cuts IHG

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

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25 Jan 2024 10:44

RBC Capital lifts easyJet price target after Q1 update

(Sharecast News) - RBC Capital Markets hiked its price target on easyJet to 540p from 500p on Thursday and lifted estimates after the budget airline's first-quarter update a day earlier.

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25 Jan 2024 09:30

Wizz Air's Q3 loss swells on MidEast flight disruptions

Q3 operating loss 180 mln euros vs forecast 93 mln euro loss

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25 Jan 2024 09:10

LONDON BROKER RATINGS: JPMorgan raises Admiral Group to 'neutral'

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

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24 Jan 2024 17:03

LONDON MARKET CLOSE: PMI data and China bank measures boost stocks

(Alliance News) - Stock prices in London closed up on Wednesday amid a host of strong PMI data from around the world, while bank measures in China boosted blue-chip miners.

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24 Jan 2024 16:31

London close: Stocks rise on positive news from China

(Sharecast News) - London markets finished with a positive performance on Wednesday, driven by gains in the mining sector following China's announcement of an upcoming reduction in the reserve requirement ratio for banks.

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24 Jan 2024 12:13

EasyJet CEO urges reform after French near-miss tied to controller shortage

LONDON/PARIS, Jan 24 (Reuters) - EasyJet has urged French authorities to resolve air traffic control problems after a report into a near-collision involving one of its jets cited staff shortages and absenteeism.

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24 Jan 2024 12:08

LONDON MARKET MIDDAY: UK PMI data and China bank measures lift mood

(Alliance News) - Stock prices in London were up midday Wednesday, buoyed by data showing the start of the year has been decent for the UK private sector, while mining firms were boosted by efforts out of China to boost growth.

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24 Jan 2024 09:38

easyJet loss narrows; eyes strong summer despite Middle East conflict

(Alliance News) - easyJet PLC on Wednesday said it reduced its losses in the first three months of the year ending September 30, despite suffering a GBP40 million hit from the Hamas-Israel conflict.

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24 Jan 2024 09:28

EasyJet sees strong summer despite Middle East instability

Q1 headline pretax loss 126 mln stg vs 133 mln stg loss yr ago

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24 Jan 2024 08:48

LONDON MARKET OPEN: Stocks head higher; miners lead gains for FTSE

(Alliance News) - Stock prices in London opened higher on Wednesday, with large-cap miners outperforming on news of stimulus measures from China.

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24 Jan 2024 07:02

EasyJet sees H1 losses narrowing despite £40m hit from MEast war

(Sharecast News) - Budget airline easyJet said it had taken a £40m hit from the Middle-East conflict, but said it expected first-half losses to narrow and reported positive booking momentum for the summer.

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