Steve Gurr
19 Jan 2018
Q1 'Someone' has wind of how good the Q1 performance and results are - will be announced officially on Tuesday, they will be GOOD!Buy and hold.
Razor Blade
18 Dec 2017
Re: Air Berlin - a costly addition? I did. Brexit isn't about money. It's about getting out of the clutches of the Eurocrats (who can't get their accounts audited - shameful)
5 Iron
22 Nov 2017
Re: Air Berlin - a costly addition? I did rhigos!
Rhigos
21 Nov 2017
Re: Air Berlin - a costly addition? Steve Gurr, I phrased it badly, my fault 
. Setting up EasyJET Europe was mentioned on Bloomberg TV this morning as an additional cost created by BREXIT, I agree madness, which took me by surprise. Biggest increase in costs was of course fuel, because of fall in value of pound following leave EU vote. I bet very few holders of EasyJet shares voted to leave EU
Steve Gurr
21 Nov 2017
Re: Air Berlin - a costly addition? Smiles, I thought you said "added costs of moving to EU" .....................Their "new airline" in Austria Head Office is basically a 'Portakabin' and involves a few staff and re-registering about 100 aircraft under Austrian jurisdiction - total cost about £10m which is a miniscule price to pay for an EU Operating Licence to protect itself from the madness of BREXIT.
Rhigos
21 Nov 2017
Re: Air Berlin - a costly addition? Steve Gurr, "They are not moving to the EU" I was referring to EasyJET Europe. They need to create this business to continue to operate under Open Air rules."It is the latest effort by the airline, which unveiled its full-year results today, to get Brexit-ready, after establishing a new airline in July, EasyJet Europe, which is headquartered in Vienna. That is to allow the airline to continue to operate flights both across Europe and domestically within European countries after the UK has left the EU, regardless of the outcome of Brexit negotiations."From:[link]
II Editor
21 Nov 2017
NEW ARTICLE: easyJet's McCall signs off with share price surge "When Carolyn McCall climbed into the LSE:EZJ:easyJet cockpit in July 2010, the airline's new chief executive faced a multitude of problems. Top of the list was improving the carrier's poor punctuality record, as well as soothing relations with ..."[link]
Steve Gurr
21 Nov 2017
Re: Air Berlin - a costly addition? "added costs of moving to EU"They are not moving to the EU
jimboyuk
21 Nov 2017
It's a no brainer ....passenger numbers up.....reduced competition....new slots.....this stock is on fire!
Rhigos
21 Nov 2017
Re: Air Berlin - a costly addition? claude reins,I bought EZJ for EU referendum so been a disastrous investment for me though looking up of late. The reduction in capacity from failure of Air Berlin, Monarch and other European airlines as well as Ryan Air problems is all helpful for EZJ. I have confidence that EZJ did not overpay for Air Berlin assets. They still have head wind of pound devaluation and added costs of moving to EU so that they can maintain advantage of EU open air policy. Long term I think I may yet make a profit out of EZJ.
Steve Gurr
21 Nov 2017
Re: Air Berlin - a costly addition? I won’t be the only investment writer scribbling that easyJet (LSE: EZJ) is ‘flying’ after today’s results. The budget airline’s share price is up more than 5.5% in early trading, despite printing a 17.3% drop in its headline pre-tax profit for the year to 30 September, from £494m to £408m. Take it easyMarkets were in an unusually forgiving mood because the drop in headline profits was within guidance, and reflects the adverse £101m impact of currency swings. Investors know this has been a tough time for the industry, due to terror attacks, Brexit uncertainty, tough competition and subdued demand, and see the figures as “demonstrating the resilience of easyJet’s business model”, as today’s report puts it. There were some positive figures too, with a record 80.2m passengers, up 9.7% year-on-year, and record load factor at 92.6%. Markets will also have liked this: “Strong cost control, driven by increasing benefits of scale and stronger network positions, along with Lean savings of £85m offsetting inflationary pressure in the market.”Jetting offThe bankruptcies of Monarch Airlines, Alitalia and Air Berlin have reduced competition and easyJet has picked up part of Air Berlin’s business. Throw in a strong balance sheet and net cash position of £357m, and it looks nicely placed for better times. The proposed dividend of 40.9p per share is in line with the company’s policy of paying 50% of headline profits after tax. City analysts reckon EPS will bounce 17% next year, which adds to my sense of optimism, while the forecast yield is a decent 3.2%, covered twice. easyJet has been flying high for some time now.[link]
claude reins
21 Nov 2017
Air Berlin - a costly addition? The figures in the Finals out this morning say that the cost of incorporating AB into EZJ in 2018 will be around £200m, that is half the headline gross peofit made by EZJ this year. OK it may be earnings accretive in 2019, and it may be that it is a relatively cheap way to grow your market.....but there is the £200m, and the EZJ fnancials are not as strong as they might be. Not sure why there has been such a rise in the SP this morning. OK, EZJ is a strong airline; it happens to be my favourite airline and does a good job IMHO for the consumer. However, its financials over the past few years have been fairly rough to say the least. Not rushing to invest here just yet. Better locations elsewehere, even in aviation, all IMHO of course. Thoughts?
stutes
08 Nov 2017
Monarch Gatwick slots [link] this an opportunity for Easyjet to improve its network offering from Gatwick?
Steve Gurr
28 Oct 2017
Air Berlin [link]
videodawn
25 Oct 2017
Re: Alitalia future uncertain The return flight from Crete was fully booked. The flight had to go, it was the last of 2017.
