Streetbeat News

EJTTF

Easyjet plc

http://corporate.easyjet.com/

CEO

Johan Lundgren

Industry

Scheduled Passenger Air Transportation

Open

6.19

Mkt cap

5.8B

Volume

325

High

7.66

P/E Ratio

10.08

52-wk high

7.66

Low

6.19

Div yield

0.01

52-wk low

5.25

easyJet PLC plans to reduce domestic flights due to a rise in air passenger duty from the recent Budget. Routes from London to Scotland and Northern Ireland will be most impacted.

Portfolio Pulse from

November 28, 2024 | 2:00 pm

easyJet's yearly revenues were slightly below expectations, but strong profit metrics led to a 34% increase in pre-tax profit to £610 million. Analysts see a re-rating opportunity for the airline.

Portfolio Pulse from

November 27, 2024 | 2:00 pm

EasyJet reported a 34% increase in pre-tax profits due to a 'record breaking' summer, leading to a 2% rise in its shares and an increase in dividends.

Portfolio Pulse from

November 27, 2024 | 9:45 am

EasyJet's CEO Johan Lundgren reports that consumers across Europe are prioritizing travel, as reflected in the airline's full-year results and market trends.

Portfolio Pulse from

November 27, 2024 | 8:30 am

easyJet PLC reported a 34% increase in pre-tax profit to £610 million for the year ending in September, driven by a record summer and a 14% rise in revenue to £9.31 billion. The company also announced an increase in its dividend.

Portfolio Pulse from

November 27, 2024 | 8:00 am

Full-year figures from easyJet will be in focus on Wednesday, alongside updates from Pets at Home.

Portfolio Pulse from

November 26, 2024 | 4:15 pm

easyJet's outgoing CEO, John Lundgren, is set to present his final full-year results on November 27, before CFO Kenton Jarvis takes over in January. The focus will be on the company's view of the travel demand boom.

Portfolio Pulse from

November 22, 2024 | 12:30 pm

Ryanair Holdings Plc is facing potential disruptions to its summer schedule due to Boeing Co's delivery delays of the 737 Max 10 models, with an expected reduction from 57 to around 50 aircraft by the end of June. This situation may lead to minor schedule cuts and a decrease in passenger forecast from 205 million to 200 million for the financial year starting in April. CEO Michael O'Leary expressed frustration and is discussing compensation with Boeing, also hinting at possible ticket price increases.

Portfolio Pulse from Vandana Singh

February 26, 2024 | 6:20 pm

easyJet Plc has confirmed an order for 157 additional A320neo Family aircraft from Airbus SE, with options for 100 more. The order includes 56 A320neo and 101 A321neo models, with deliveries scheduled between FY29 and FY34. This move aims to grow capacity, improve cost and sustainability, and replace older A320ceo aircraft. The new aircraft offer 13% to 30% better fuel efficiency and half the noise footprint. easyJet's stock (ESYJY) closed higher by 0.80% at $6.27.

Portfolio Pulse from Shivani Kumaresan

December 19, 2023 | 2:26 pm

Airbus SE, easyJet plc, and Rolls Royce Holdings Plc have formed a consortium with Orsted A/S, GKN Aerospace, and Bristol Airport to advance UK's position in hydrogen-powered aviation. The Hydrogen in Aviation (HIA) aims to assist the Government and policymakers by mapping out the milestones to ensure infrastructure, regulatory, and policy changes keep pace with the technological developments in carbon-free flying.

Portfolio Pulse from Nabaparna Bhattacharya

September 05, 2023 | 3:56 pm

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