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2023-10-09 06:25:46 ET More on European airlines Wizz Air Holdings: Profit Recovery Encouraging, But Net Debt Too High easyJet: Recommend Buy Rating As RPS Growth Remains Strong Airbus receives order for 75 more planes from Wizz Air For further details see: ...
2023-08-23 21:38:14 ET Summary easyJet's business model focuses on offering affordable air travel through cost-efficient operations and ancillary revenues. The company operates a number of lucrative routes around Europe. Demand remains surprisingly robust despite economic conditio...
2023-07-23 07:21:53 ET Summary I expect RPS growth to continue driving top line growth. The company's balance sheet strength, with virtually no debt, provides financial flexibility to invest aggressively and take advantage of the travel demand recovery. EJTTF stock should trad...
2023-07-21 18:09:51 ET Summary Despite ongoing strikes causing limited disruption, easyJet reported a record pre-tax profit of £203 million for Q3. Company CAPEX plans are set for 163 new aircraft, which will consume less fuel and have an additional passenger capacity. Q3...
2023-07-12 08:19:19 ET Deutsche Bank turned cautious on the European airline sector on Wednesday with a series of rating downgrades and price target cuts. Analyst Jaime Rowbotham pointed to some weakness in the firm's fares data, with 60-day out prices for travel in August having screen...
2023-06-15 19:16:59 ET Summary Wizz Air Holdings Plc has significantly grown its capacity compared to pre-pandemic levels. The company has prioritized growth, as it will help the company execute its long-term cost-efficient vision. Wizz Air stock is fairly valued at present, b...
2023-06-07 15:10:16 ET Summary easyJet plc H1 2023 results were much in line with preliminary results shared in April. Further recovery for easyJet is expected in the remainder of the year. Matching earnings with the share price suggests significant upside, but analysts seem t...
2023-06-07 13:57:22 ET The Federal Aviation Administration on Wednesday issued a ground stop LaGuardia Airport in New York due to clouds of smoke obscuring the skies over the Northeast. A ground stop was instituted at 12:50PM ET at the New York hub for domestic flights and is du...
2023-06-05 08:09:27 ET The global airline sector received a shot of confidence from the International Air Transport Association, which announced an expected strengthening of airline industry profitability in an upgrade of its outlook for 2023. IATA forecast airline industry net prof...
2023-05-21 01:57:28 ET Summary The low-cost airline aims to grow with its new easyJet holiday new division. easyJet closed in negative territory in its first half; however, a profit of £80 million is expected by 2023 end. The Italian market records a strong increase in pa...
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