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I would sell if you’ve made a decent profit. As I said before my best mate is a captain at easy and the company is in the **** as all airlines are. How can the current share price be the same as July and October last year? When they’ve been grounded with zero customers. Doesn’t take a rocket scientist to work out bad news will be coming on RNS about revenues.
I also said my mates last 4 flights were half empty after this they grounded the fleet as it’s cheaper to ground than fly half empty.
its the young kids that will put people off going on holiday this year, this is where ezj cash in on ticket prices, flying at a reasonable time 10.30am is double the cost of flying at 6am, parents don't want to wake their 2/3 years olds up at 3am to get to the airport. they pay the higher ticket prices.
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I do have an investment here yes, and i'm not a doom merchant, I am simply stating factual information.
Easyjet and most other airlines are in the **** and no one will know until financial results are posted.
I have 3 kids and fly easyjet twice each year, but i would not this year, No.1 my 4 year olds would not keep a mask on and No.2 - stuff all the longer waiting checks at the airports with kids.
its all about filling the seats, supply and demand. the price may rise at the moment due to investors and easing of lockdown, however, once flying commences that's when the reality of the situation will emerge and people will get burnt.
the current share price does not reflect the financial and future income of this company.
Does anyone on here actually know how much it costs to open a High street agency with the fit out, business rates and rent? You’re in severe debt before you even start.