Bank of America upgrades easyJet, IAG on positive vaccine data
11th Nov 2020 11:03
(Sharecast News) - Bank of America Merrill Lynch upgraded easyJet and International Consolidated Airlines Group on Wednesday following the positive update on a potential Covid-19 vaccine.
Read moreGo 'overweight' cyclicals, UK set to benefit the most from vaccine news, Credit Suisse says
10th Nov 2020 11:51
(Sharecast News) - Things are looking up for equities, especially the UK, in the wake of the reported 90% efficacy of Pfizer's Covid-19 vaccine candidate, said equity strategists at Credit Suisse.
Read moreIAG and Easyjet will still need more liquidity in 2021, Morgan Stanley says
10th Nov 2020 10:47
(Sharecast News) - News of Pfizer and BioNTech's Covid-19 vaccine candidate's greater than 90% efficacy is positive for investor sentiment and reduces the probability of Morgan Stanley's 'bear case' ensuing, the broker said.
Read moreEasyJet cuts capacity on new lockdowns; Raises £130m in new lease deal
6th Nov 2020 07:35
(Sharecast News) - Budget airline easyJet said it would fly no more than 20% of capacity for the rest of the year after new coronavirus lockdowns in England, Germany, and France.
Read moreSunday newspaper round-up: Furlough scheme, National lockdown, Food banks
1st Nov 2020 16:34
(Sharecast News) - The chancellor dramatically extended his furlough scheme last night, just hours before it was due to end, bowing to demands from business leaders for more financial support throughout the new four-week lockdown in England. Rishi Sunak said the decision was necessary because of the return of "stay at home" restrictions to contain Covid-19. News of the new lockdown, first reported by The Times, had sparked fury from bosses. "We will do whatever it takes as the situation evolves," Sunak said. - Sunday Times
Read moreEasyJet raises $399m from sale, leaseback deals
27th Oct 2020 07:29
(Sharecast News) - UK budget carrier easyJet said it had raised $398.6m (£305.7m) from the sale and leaseback of nine aircraft to bolster finances hammered by the coronavirus pandemic.
Read moreMonday broker round-up
26th Oct 2020 13:46
(Sharecast News) - Pearson: UBS upgrades to buy with a target price of 650p.
Read moreAirlines to offer refunds after watchdog inquiry
23rd Oct 2020 08:24
(Sharecast News) - Italy's antitrust regulator said on Friday that Ryanair, easyJet, Vueling and Blue Panorama will now offer refunds to passengers affected by the cancellations caused by the pandemic.
Read moreAirlines to offer refunds after watchdog inquiry
23rd Oct 2020 08:24
(Sharecast News) - Italy's antitrust regulator said on Friday that Ryanair, easyJet, Vueling and Blue Panorama will now offer refunds to passengers affected by the cancellations caused by the pandemic.
Read moreBA parent IAG rallies as Heathrow introduces one-hour Covid test
20th Oct 2020 09:24
(Sharecast News) - Shares of British Airways and Iberia parent IAG rallied on Tuesday as Heathrow airport launched a one-hour Covid-19 test.
Read moreMonday broker round-up
19th Oct 2020 13:30
(Sharecast News) - Intercontinental Hotels Group: Peel Hunt downgrades to hold with a target price of 4,300p.
Read moreLiberum slashes easyJet price target
15th Oct 2020 08:09
(Sharecast News) - Broker Liberum cut its price target on hold-rated easyJet to 500p from 600p on Thursday as it said the short-term outlook is toughening, with tightening Covid-19 restrictions.
Read moreEasyJet's new CFO set to join on 3 February
14th Oct 2020 08:37
(Sharecast News) - Low-cost airline EasyJet confirmed on Wednesday that chief financial officer designate Kenton Jarvis would take up the role on 3 February.
Read moreFriday broker round-up
9th Oct 2020 13:00
(Sharecast News) - Spirent Communications: Canaccord reiterates hold with a target price of 260.0p.
Read moreIATA downgrades 2020 forecasts after 'worst-ever' summer
29th Sep 2020 13:45
(Sharecast News) - The International Air Transport Association has cut its traffic forecasts for 2020 after a "dismal" end to the northern hemisphere's summer travel season.
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