RE: 80% more share in issue and a nearly 80% share price drop21 May 2024 20:09
I work in travel in the UK. Xhita makes some great points. It is also worth remembering EasyJet airline can in effect give Easyjet holidays discounted seat rates, they package this up with the fantastic hotel rates and transfers and still get a much higher margin than if they sell a flight only. Plus they are super competitive hense OTB said the value market is poor, It's not poor Easy Jet holidays are eating their lunch.
The only downside to this model, which is short term, EZJ has to wait a bit longer for the money from the customer, generally 4 weeks prior to travel rather than payment on booking.