Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
Why would you 'tear into' people for pointing out bad news or downsides? Why is that different to pointing out good news and upsides?
Surely it benefits everyone to have a balanced view on here, not just 'this is going up' .....?
.....is not the be all and end all for EZJ. They have never been so big there, that is more TUI and Jet2's bag. There are many other countries in Europe they are still flying to, and they have big operations in Nice, GVA, etc.
Not to say the future looks rosy - it looks very tough. More and more people are being put off flying, by a) fearmongering and b) the danger of being trapped in a country and/or quarantine.
Ryanair tends to get a free pass, as the market sees it as being the stronger of the two, so any rebound will be faster and bigger for EZJ.
It was obvious that there were always going to be small outbreaks after lockdown, but you are not going to get uncontrolled spread like the first time.
Less panic, and more just getting on with our lives, accepting that there is a nasty flu going around, but Ebola it aint.
The Spanish are very nervous and just a few extra cases is putting them on the backfoot. Masks are now compulsory ON THE BEACH in Andalucia, and everywhere outside in almost all the rest of Spain. Not really conducive to a nice holiday.
And it would only take a few hundred extra cases in Barcelona or Palma for them to lockdown again.
Ridiculous, but there you go.....
Haven't been here for a while, but thought it interesting to compare sentiment now and back in April.
Back then, it seemed to be the feeling that as soon as lockdown was over there would be a pent up wave of tourists queuing up to fly off on holiday.
But now, it would appear that the opposite is true. Fear is still rife - many are simply refusing to set foot outside, let alone on a plane. Holidays are being cancelled, even those in the autumn and many seem to be saying, 'let's see for next year'.
So I don't see an easy ride for any airline for the immediate future. Many European countries seem petrified of even a few cases and new lockdowns are already happening (unnecessarily IMO). In this context, many will simply not want to take the chance of being stuck abroad.
Even if you are correct, the mood is one of fear and uncertainty. Some people I know are extremely scared of the virus and won't go out. And governments cannot be seen to be taking risks so maintain lockdowns that may well be unnecessary.
Until the panic and fear subsides, life is't going back to normal.
Not sure if these 40% of RYA flights in July include Spain or not, but can't see there being much demand for a 2 week holiday where you aren't allowed out of the hotel.....?
Went short this morning, as the outlook is not looking good. Easyjet etc. collapse, but Ryan remains strangely supported. Make some beer money and decide to call it quits, then RYA dips another 2%. Oh well.
It's done this at least 3 times in the last week or two.
What's going to happen?
Critique all you like, but there were some interesting quotes in there from European PMs stating that no one is traveling on holiday to or from their countries any time soon.
I'm sure the Guardian would be happy to consider your CV ....:)
https://www.theguardian.com/world/2020/may/02/covid-19-throws-europes-tourism-industry-into-chaos
Deedsnotwords, I'm afraid you won't find much respect or manners on here. Playground name calling, yes lots.
I have to say, it's a mystery to me why it isn't already at 8
given the amount of bad news, both in Mikey's press conference and in the economy generally.
I was expecting this to tumble towards 9 this morning, but it hasn't.
So PAD, when I was warning a few weeks ago how bad the economy, and the short term outlook for oil looked, why did you lay into me so aggressively, tagging me as a 'deramper'?
Maybe the average punter in the street did not see the terrible economic figures coming, but the experts and fund managers certainly did.
Some companies are reporting better than expected, some worse.
Oil prices will recover, but will take a good 6 months.
PAD, you were one of Tullow's most vehement bulls.
Why the sudden change of heart?
I'm long BP and it's not having a good day so far....
Strange how the markets seem to have had a sudden loss of faith and look to compound losses today.
And yet COVID recoveries continue apace.
Odd.
Is it a realisation that the economy is rather more damaged then was at first thought?
Apple still seem to be selling plenty of Iphones......
Short term I don't see oil going higher, in fact I think there could be some downside.
Longer term it should pick up with a possible spike, I did think Q4, but now maybe Q1 2021
Vert, I admire your courage - spending your Carnival refund before you get it.
Are you sure you are going to get it?!
No expert worth his salt thinks a vaccine will be ready by September.