Secondary Recommendation

Easyjet - Low cost airline still taking market share from flag carriers

November 2014

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

It’s hard to exaggerate the impact that budget airlines have had within air travel and latest figures show that low cost carrier (LCC) capacity has tripled to just over 30m seats over the past decade, taking a significant bite out of full service “flag” carriers such as IAG, Air France / KLM and Lufthansa. Riding the crest of this wave has been Easyjet, which between 2004-2013 has increased pretax profit from £62.2m to £478m while eps has risen almost 1000% from 10.2p to 100p in spite of various curve balls such as the credit crunch, fears of Euro break-up and an oil price spike. Now like other airlines it is having to contend with the Ebola virus disrupting air travel although analysts do not see this as a ...

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Easyjet - £1bn profit target more than double current levels (February 2024)

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Easyjet (August 2020)

Easyjet (June 2020)

Easyjet (August 2019)

Easyjet - Low cost airline looks oversold (March 2019)

Easyjet (February 2019)

Easyjet - Eps to grow 82% in two years (September 2018)

Easyjet (July 2018)

Easyjet (February 2018)

Easyjet (December 2017)

Easyjet - Low cost airline raises guidance; new price target (September 2017)

Easyjey - Low cost airline sees better outlook (June 2017)

Easyjet (July 2016)

Easyjet (March 2016)

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Easyjet - Trading ahead of expectations (May 2015)

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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