EasyJet plc (EJTTF)
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easyJet ramps up dividend as profit takes off on record summer
easyJet PLC has said profit surged by more than a third over the year following a record summer period and boom in its holiday business. Reported pre-tax profit soared 34% to £610 million over the year to September on the back of a 14% increase in revenue to £9.31 billion, the airline reported on Wednesday.
easyJet and Pets at Home to feature on Wednesday
Full-year figures from easyJet will be in focus on Wednesday, alongside updates from the likes of Pets at Home.
Spain fines 'abusive' budget airlines 179 mn euros
Spain's leftist government said Friday it has fined five budget airlines including Ryanair and EasyJet 179 million euros ($187 million) for "abusive practices" such as charging passengers for hand luggage.
easyJet's view of travel demand boom the focus in boss's parting results
easyJet PLC John Lundgren will be looking to bid farewell to investors with a solid set of full-year results next Wednesday, 27 November. The update is set to mark his last as chief executive before he hands over the reins to chief financial officer Kenton Jarvis in January.
easyJet nabs new chief finance officer from private rail giant
easyJet plc has appointed Lineas' Jan De Raeymaeker as its new chief financial officer to take over from Kenton Jarvis, who will take on the chief executive role from January 2025. De Raeymaeker is currently the chief financial officer of European private rail freight operator Lineas.
easyJet Stock: Strong 10% Return Beats S&P 500, Growth Opportunities Persist Despite Risks
easyJet has shown strong performance with an 11% revenue increase and a 16% rise in pre-tax profit, driven by cost efficiency and growth in holiday revenues. Risks include fuel price fluctuations, demand changes, and minor exposure to Middle East tensions, while opportunities lie in fleet upgrades and expanding holiday revenues. Despite a modest downward revision in FY24 price target to $13.75, easyJet remains a buy due to significant upside potential and undervaluation.
EasyJet founder makes life hard for 'brand thieves'
Daring to prefix a company or even a pop group's name with "easy" could land you with legal action, as the founder of British airline easyJet relentlessly tackles alleged trademark breaches.
EasyJet cancels flights to Portugal as cabin staff kick off three-day strike
EasyJet said it cancelled more than 200 flights to and from Portugal from Thursday as cabin crew based in the country began a three-day strike over working conditions including rotas and overtime.
UK's easyJet reports 16% rise in quarterly profit
Britain's easyJet reported a 16% rise in pretax profit in its third-quarter on Wednesday, helped by strong summer travel demand and more customers looking for budget holidays.
easyJet Stock: Undervalued With Huge Potential On Fleet And Revenue Transformation
easyJet saw revenue growth in HY24, with strong demand throughout the winter season and significant growth in Holiday revenues. Unit costs declined excluding fuel costs, with plans to increase profits per seat and reduce winter losses through fleet transformation. Despite an underwhelming track record, easyJet stock is undervalued with potential for significant upside, leading to a reiteration of a buy rating.
easyjet (EJTTF) Upgraded to Buy: Here's What You Should Know
easyjet (EJTTF) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
