RE: Well...6 Oct 2017 10:46
Investors are a bit gloomy about the prospects for Easyjet.
Analysts at Liberum have this to say:
"We believe current trading conditions in the European short haul market remain tough. Even if recent airline failures result in capacity coming out of the market, which is by no means assured, capacity growth seem likely to continue to outstrip undisturbed demand growth, implying ongoing downward pressure on pricing."
The report also notes that Easyjet is making heavy investments, which are weighing on the company's balance sheet and adding to debt.