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Pin to quick pickseasyJet Share News (EZJ)

Share Price Information for easyJet (EZJ)

London Stock Exchange
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Share Price: 490.80
Bid: 493.10
Ask: 493.80
Change: -6.90 (-1.39%)
Spread: 0.70 (0.142%)
Open: 492.30
High: 501.40
Low: 485.90
Prev. Close: 497.70
EZJ Live PriceLast checked at -

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Global airline profits will rise on lower fuel prices in 2016, Moody's says

Fri, 15th Jan 2016 14:44

(ShareCast News) - Global airline industry profits will remain strong amid lower fuel prices in 2016, supporting a positive outlook on the industry for the next 12 to 18 months, according to Moody's.In a note to clients, the ratings agency opined that the airline industry's operating margin could top 10% this year. US carriers will continue to maintain the highest operating margins, owing partly to a mature domestic market and their modest exposure to weaker foreign currencies, Moody's added."Growing passenger demand, especially in the Middle East, Asia and Latin America, will help boost margins for the overall airline industry. Demand is rising due to modest but steady global economic growth, higher disposable incomes amid lower petroleum prices, attractive fares, and the growth of air travel in the developing world," said Jonathan Root, Vice President and Senior Credit Officer at Moody's.However, capacity additions exceeding demand growth, the strong dollar and lower fuel surcharges will constrain yield growth. Furthermore, Moody's does not expect fuel price drops to lead to a more meaningful expansion of industry operating margins. Higher labor costs, continuing revenue pressures, fuel hedging, and a potentially stronger US dollar will mitigate the benefits of the price decline."Hedging fuel price risk, extensively with collars and call spreads that leave airlines exposed to potential declines in prices, limits the benefits from cheaper fuel prices," Root concluded.
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11 Jul 2023 18:36

Ryanair quits industry group advising on UK aviation strategy

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10 Jul 2023 13:20

easyJet cancels 1,700 flights due to air traffic control restrictions

(Alliance News) - More than 100,000 holidaymakers have been hit by easyJet PLC summer flight cancellations.

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10 Jul 2023 11:13

EasyJet cancels 1,700 flights over the summer season

(Sharecast News) - Low-cost airline easyJet announced the cancellation of 1,700 flights over the summer period on Monday.

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6 Jul 2023 13:29

Spain's election brings clouds over fiscal consolidation

German industrial orders rose more than expected

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6 Jul 2023 12:05

European companies might turn to India more: GS

Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at

EUROPEAN COMPANIES MIGHT TURN TO INDIA MORE: GS (1105 GMT)

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6 Jul 2023 11:39

UK bank provisions "likely contained" in face of mortgage delinquencies - JPM

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UK BANK PROVISIONS "LIKELY CONTAINED" IN FACE OF MORTGAGE DELINQUENCIES - JPM (1009 GMT)

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6 Jul 2023 09:28

Sectors flash red as STOXX stays risk-off

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SECTORS FLASH RED AS STOXX STAYS RISK-OFF (0820 GMT)

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3 Jul 2023 17:42

Italy minister wants airlines to explain "unjustified" fare hikes

ROME, July 3 (Reuters) - Italy's Industry Minister Adolfo Urso said on Monday that airlines benefiting from the country's tourist boom have hiked their prices too much, and demanded an explanation.

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3 Jul 2023 09:37

LONDON BROKER RATINGS: Stifel cuts Croda International to 'hold'

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

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30 Jun 2023 07:58

64 flights cancelled at Geneva airport over strike

(Alliance News) - Some 64 flights were cancelled at Geneva's international airport on Friday, it said, after operations were halted for four hours because of a strike by workers at the start of the busy summer travel season.

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28 Jun 2023 09:06

LONDON BROKER RATINGS: Admiral on JPMorgan 'negative catalyst watch'

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

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28 Jun 2023 07:57

LONDON BRIEFING: Stocks called up; boohoo has concerns with Revolution

(Alliance News) - Stocks in London were called to open higher on Wednesday after surprisingly resilient economic data for the world's largest economy on Tuesday helped lift market mood.

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21 Jun 2023 10:37

Esken shares fall as annual loss narrows amid optimistic outlook

(Alliance News) - Esken Ltd on Wednesday reported a narrowed annual loss as revenue climbed.

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19 Jun 2023 09:10

LONDON BROKER RATINGS: Redburn likes Entain; HSBC lifts FirstGroup

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

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12 Jun 2023 09:25

Thousands of holidaymakers hit by easyJet flight cancellations

(Alliance News) - More than 15,000 easyJet PLC passengers have been hit by flight cancellations due to severe weather.

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