EasyJet sees 2023 profits ahead of expectations as bookings soar
25th Jan 2023 07:02
(Sharecast News) - Budget airline easyJet said it expected to beat full-year profit expectations as it narrowed losses in the first quarter and forward bookings into the summer surged.
Read moreLiberum lifts price targets on airline stocks
24th Jan 2023 12:41
(Sharecast News) - Liberum said on Tuesday that the airline industry is in the early stages of recovery from the pandemic.
Read moreWednesday preview: US corporate results, EasyJet in the spotlight
24th Jan 2023 11:36
(Sharecast News) - Investors' focus on Wednesday was expected to be on the latest corporate results, especially on the other side of the Pond in the US.
Read moreRyanair, easyJet, Wizz named in Italy probe into Sicily fares
28th Dec 2022 08:49
(Sharecast News) - Low cost airlines Ryanair, easyJet and Wizz Air have been named as part of an inquiry by Italy's antitrust regulator into possible price-fixing for flights in and out of Sicily.
Read moreTuesday preview: UK consumer credit, Easyjet in the spotlight
28th Nov 2022 15:53
(Sharecast News) - Investors' focus on Tuesday will be on consumer credit and mortgage lending in the UK during the month of October.
Read moreEasyJet sees loss of up to £190m after summer airport chaos
13th Oct 2022 07:16
(Sharecast News) - Low-cost airline easyJet said it expected to report annual pre-tax losses of £170m -£190 million, reflecting the summer chaos at UK and European airports where staff shortages led to cancellations amid surging post-pandemic demand.
Read moreSunday newspaper round-up: Energy sector, EdF, Fracking
11th Sep 2022 23:26
(Sharecast News) - Industry sources are warning that the energy sector needs to know the details of the new Prime Ministers' plans to support businesses in order for them to take effect during the next winter. The government has indicated that a more complete plan for businesses will be announced as soon as possible. In another development, Centrica chief executive officer, Chris O'Shea, voiced support for using contracts for difference for long-term electricity prices as part of efforts to ensure lower prices for consumers over the years ahead. - The Sunday Telegraph
Read moreSector movers: Cyclicals, Travel and Leisure names pace gains
27th Jul 2022 17:42
(Sharecast News) - Cyclicals paced gains ahead of the US central bank's policy announcement, possibly on hopes that policymakers might rein in their outlook for further interest rates.
Read moreBerenberg slashes target price on EasyJet following 'messy' Q3 performance
27th Jul 2022 09:55
(Sharecast News) - Analysts at Berenberg slashed their target price on low-cost carrier EasyJet from 750.0p to 560.0p on Wednesday but said the group's "messy" third-quarter performance had masked its "significant" deleveraging.
Read moreEasyJet shareholders approve Airbus aircraft acquisition
20th Jul 2022 15:47
(Sharecast News) - EasyJet shareholders have approved the purchase of 56 Airbus A320neo family aircraft and conversion of 18 A320neo family aircraft to A321neo aircraft.
Read moreJPMorgan downgrades easyJet to 'underweight'
15th Jul 2022 11:12
(Sharecast News) - JPMorgan Cazenove downgraded easyJet to 'underweight' from 'neutral' on Friday and slashed the price target to 310p from 625p, arguing that non-fuel costs could continue to disappoint, as it took a look at European airlines.
Read moreFTSE 250 movers: JD Wetherspoon plumbs fresh low, Clarkson at technical resistance
13th Jul 2022 17:10
(Sharecast News) - JD Wetherspoon led the second-tier index lower following an update that analysts at ShoreCap said revealed "sluggish" trading.
Read moreSunday newspaper round-up: Capita, EasyJet, ZeroAvia
10th Jul 2022 13:49
(Sharecast News) - The man brought in to turn around outsourcer Capita's fortunes sounded a far more chipper note in an interview. Since late 2017, the company has sold off large chunks of the business, while trying to position itself as a technology outfit in areas such as artificial intelligence and running chatbots for firms such as O2. Staff levels have been slashed from 73,000 to 52,000 and debt brought down to a level that is easier to manage. But the key change has been in the firm's corporate culture, according to Lewis. It now emphasises client relationships. Lewis also sounded a positive note on the outlook for the share price, predicting that it would be back at its pre-rights issue level in the next year or two. - Financial Mail on Sunday
Read moreEasyJet COO Peter Bellew resigns
4th Jul 2022 11:32
(Sharecast News) - Easyjet said on Monday that Peter Bellew resigned as chief operating officer on Friday 1 July to pursue other business opportunities.
Read moreEasyJet's Spanish cabin crew to strike amid ongoing pay dispute
21st Jun 2022 12:38
(Sharecast News) - Low-cost carrier EasyJet's Spanish cabin crew intends to strike for nine days in July as part of an effort to secure better wages.
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