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It's not really a question of wealth, it's a question of living your life.
18-23 year olds are seeing the best years of their lives squashed flat. Their futures have been taken away from them by a bug that barely even affects them.
The virus is now well under control in Europe - although cases have increased lately, the deaths are a fraction of what they were. And yet, we continue with ridiculous restrictions and quarantines that just prolong the agony.
Death rates are now negligible in Europe, and yet still fear and panic are everywhere.
Time to get over it and move on.
Holiday season is fizzling out with very limited schedules, mostly empty planes and holiday destinations super quiet. (Palma de Mallorca is like a ghost town and the few remaining tourists are packing their bags.
Will business travel step up to replace holiday travel? I very much doubt it, as there are so many restrictions in place, and traveling fully masked up is not pleasant.
Are people booking flights for Xmas? Who knows, but the airlines definitely need that to happen if they are not going to plunge further.
Is this a joke?
When people say 'the plane was really empty', it means hardy anyone on it.
2nd daughter on Easyjet flight today to Palma from Amsterdam. Plane empty.
I will fly back to Amsterdam with her on Friday on Easy......
My daughter flew out to me the other day from Bristol (to Palma) on Ryanair.
Said the flight was almost empty. There was an Easyjet flight that left earlier (like 730am), so doubtless that was even emptier.
We visited Magaluf yesterday. Extremely quiet......
Personally I wouldn´t touch Rolls Royce with a barge pole.
Even if airlines recover slowly, capacity will be down well into 2021. The last thing any airline is thinking about is ordering planes, indeed the opposite, more like selling them.
So not much demand for new engines for a while, and even the maintenance is down, due to less hours flown.
The problem is that if you work for a company, you will have to do the quarantine as everyone could be in trouble if you are seen to be working.
If you want to put a positive spin on this, Easyjet will be making a fortune selling expensive flights back from France before tomorrow. And maybe even laying on extra flights.
I have friends coming out to Mallorca soon from the UK who couldn´t give a toss about the quarantine rules.
No Spain is not going into lockdown and have clearly stated that they will not.
IMO the UK will soon be above Spain for new COVID cases as they have about a 4 week lag.
True that the US is doing surprisingly well, given that COVID is pretty much out of control there, but they seem to be adopting a suck it up and get on with it attitude, which wouldn´t go amiss over here...
However, we are a long way from being out of the woods yet, and governments are very twitchy and prone to do silly things.
There also seems to be a lot of vaccine candidates racing for the finish line so that will lend some support.
Am I not entitled to my opinion?
Surprised (but happy) to see a bounce this morning. Not sure what is driving that.....Carnival is up too, which I have to say is very tempting to short now all the law suits are building up.
I'm no deramper, but it hit 7, 8, 9 pounds back then because at that point everyone expected the virus to be more or less gone and the airlines flying a close to normal schedule.
But unfortunately that hasn't happened.
If France goes on the quarantine list there will be another steep fall in Easyjet.
And now Greek cases are up and Spain is not getting any better.
I don't see this breaking through 600 any time soon.
Adding France to the list would cause even more chaos than Spain, as a) we are more into holiday season now, and b) there are potentially more Brits in France than were in Spain.
So it would be deeply unpopular and the government knows it.
I've just come back (to Mallorca) from a week in the French Alps, and they are taking COVID pretty seriously there. You cannot even go from your restaurant table to the toilet without a mask.
I'm actually very surprised that the UK COVID rate seems lower than France or Spain, given the more lax conditions in the UK. I suspect it is more a reporting issue than anything else.
It seems pointless to me to inflict quarantine on France when they have stricter measures than the UK. And it will cause untold upheaval yet again.
I get annoyed at blatant deramping as much as I do for ramping.
For me there is no difference.
Generally, punters tend to be long, so enjoy the herd mentality of everyone saying 'it's going up'. And anyone saying the opposite tends to get shouted down.
I happen to be slightly long Easy at around 7, having shorted them through the Spring. So I would like to see them go up, but I have no illusions that the risk is high, and will be grateful for any small profit on this position.
It's ridiculous. COVID is rife all over the UK, and yet, for some arbitrary reason, these countries are deemed more dangerous, so are asked to quarantine.
All it takes is a temperature check at Gatwick, Stansted, etc. and / or a negative COVID test if you want to be completely sure.
Joe, not sure I'd agree with that.
Easy have bases in Nice and GVA, to name but two, so have significant operations outside of the UK.
And I also see a lot of people ****ging off Ryanair's poor service in the media, more so than Easy in fact.
Any views on why this had become so large?
In the peak of COVID, Easy was around 6 to 7 and Ryan 8 to 9. Now that spread has widened dramatically in Ryan's favour.
This suggests that the market feels that Ryan is the stronger company better placed to bounce back from COVID.