No-frills rival Ryanair could offer a better benchmark. Air Canada (AC.TO)'s stock was trading at C$27.40 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. No-frills rival Ryanair could offer a better benchmark. CDP awards Ryanair a strong (first time) B- climate protection score. If not, the stock could be in for some turbulence post-earnings. In late June, easyJet’s share price came under pressure after the company announced its first-half results and a rights issue plan in one go. Given that results will cover the coronavirus outbreak period, it will be no surprise to see a sharp downturn in revenue as fewer passengers have taken to the skies. After all, EasyJet reiterated its strong liquidity position in last quarter’s earnings and, presumably, air travel will return to some level of normality post-outbreak. Alitalia - Società Aerea Italiana S.p.A., operating as Alitalia (Italian pronunciation: [aliˈtaːlja]), is the flag carrier and largest airline of Italy. The scale of the challenge facing EasyJet and the rest of the airline industry is difficult to overstate. While some of the group’s businesses, mainly Havas Group and Vivendi Village, were impacted by the consequences of the health crisis, others showed good resilience. This week Ryanair reported record quarterly losses of €345m at a pre-tax level for their third fiscal quarter. and stylised as W!ZZ Air, is a European ultra low-cost airline with its head office in Budapest.The airline serves many cities across Europe, as well as some destinations in North Africa and the Middle East. It also announced an increase in the number of flights. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Investors will now watch closely to see how much of this cash EasyJet is currently burning through in the Q3 results. 76% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. Countries connected. Success! Costco has been one of the best-performing retailers in 2020 but what should investors expect from the earnings call? The company continues with its weird policy of refusing to report a profit (or in this case loss) number on a quarterly basis. This uncertainty could leave EasyJet's share price volatile for a long time to come. As a result of Covid-19, and the subsequent drop … The company has its head office in Fiumicino, Metropolitan City of Rome Capital. 79. EasyJet share price vitals, Yahoo Finance, 3 August 2020. Launched 200 new routes in Q2 and opened 7 new bases [29/7]. The stock took a further hit when the UK government re-imposed quarantine measures for those arriving from Spain, Britain’s favourite holiday destination. Johan Lundgren, CEO of easyJet, said: "Returning to the skies again allows us to… You have successfully signed up. Vivendi’s revenue amounts to 16.09 billion euros, up +1.2%. CDP awards Ryanair a strong (first time) B- climate protection score. Group headline costs excluding fuel were reduced by 30.8% at constant currency3 as management achieved material savings across many areas of the business, including airport fees, ground handling, crew and maintenance costs. Zoom’s quarterly sales surge 369% as the software company cements itself as the ultimate remote working tool. CMC Markets UK plc (173730) and CMC Spreadbet plc (170627) are authorised and regulated by the Financial Conduct Authority in the United Kingdom. We would like to show you a description here but the site won’t allow us. Q3: Tuesday 17 November: Results: Curaleaf Holdings (US) Q3: EasyJet (UK) Full-year: Gear4Music (UK) Half-year: Home Depot (NYSE: HD) (US) Q3: Homeserve (LON: HSV) (UK) Half-year: La-Z-Boy (US) Q3: Walmart (US) Q3: Wednesday 18 November: Results: Avaya (US) Q4: Halfords (UK) Q2: Metro (US) Q4: NVIDIA (US) Q3: Sonos (US) Q4: Target (US) Q3: Thursday 19 November: Results: ESCO (US) Q4: … In the year ending 30 September 2020, the carrier says it has focused on cash generative flying and successfully cut operating costs and capex in order to reduce cash burn.The airline has also raised over £2.4 billion in liquidity and retained strong customer satisfaction scores. You should consider whether you can afford to take the high risk of losing your money. You do not own, or have any interest in, the underlying assets. 2014 Q3 Results. Stansted low-cost growth deal extended by 4 years to 2028 – easyJet based slots secured. New aircraft. However, the UK government has proven it is not afraid of suddenly re-imposing lockdown measures on international travel. Ancillary revenue delivered a solid performance as more guests chose priority boarding and reserved seating. Success! In half-year earnings, EasyJet saw revenue come in at £2.38bn, a 1.6% gain on the previous quarter. To receive the latest coronavirus updates and other industry news in your inbox, subscribe to the APEX Daily Experience e-newsletter. SaaS SPACs to watch: Rocket Internet joins growing trend, Zoom Smashes Earnings As Work-From-Home Becomes The New Normal, Open a trading account with CMC Markets and trade the stock market today. The scale of the challenge facing EasyJet and the rest of the airline industry is difficult to overstate. The airline is fully owned by the Government of Italy since 17 March 2020. Airline revenue per seat at constant currency (3) for the year ending 30 September 2020 decreased by 10.3%, reflecting growth of 10.2% in H1 and contraction of 27.5% in H2. Costco has been one of the best-performing retailers in 2020 but what should investors expect from the earnings call? After all, EasyJet reiterated its strong liquidity position in last quarter’s earnings and, presumably, air travel will return to some level of normality post-outbreak. Royal Bank of Scotland Group plc (LON:RBS) released its quarterly earnings results on Friday, February, 23rd. Record losses in the December 2020 quarter. As EasyJet's fleet was grounded on 30 March, it's difficult to assess the impact of the outbreak using these figures. In half-year earnings, EasyJet saw revenue come in at £2.38bn, a 1.6% gain on the previous quarter. Ryanair saw passenger numbers fall 99% in their recent quarterly results, with revenue down 95% compared to the same period last year. Verkaufsberater (m/w/d) E-Bike/Fahrrad Stellennummer 6002 an unserem Standort in Posthausen, veröffentlicht am 13.10.2020. Total headline costs for the quarter ending 30 June 2020 were £332.1 million which is 79% lower than Q3 2019. 76% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. While it’s difficult to hold out much hope for EasyJet’s Q3 earnings, some investors will be asking whether the current price represents something of a bargain. Investing in CMC Markets derivative products carries significant risks and is not suitable for all investors. FTSE 100 closed the day a shade lower, while US stocks were mixed, as investors waited for a speech from Federal Reserve chair Jerome Powell later. The steps taken to agree two loans worth around £1.7bn in funding at the outset of the crisis will count in EasyJet’s favour this quarter. With Tesla faltering, is Xos the next big thing in EV investment? However, these earnings were for the six months ending 31 March. So, will EasyJet’s Q3 results help boost investor confidence? Or are there more losses to come? So, will EasyJet’s Q3 results help boost investor confidence? Matthew Riding. For bargain hunters, EasyJet's share price could look attractive, especially as it's trading well below its 52-week high. The government U-turn was front-page news and saw EasyJet's share price fall 10.5% in a single day. Vous pouvez consulter les listes des candidats aux élections municipales de votre commune ici Il y a 902 494 candidats (44,70% de femmes et 55,3% d'hommes). The airline also had a £2.4bn cash position as of 22 June. The material (whether or not it states any opinions) is for general information purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. Launched in the UK in March 2020 to investigate new treatments for Covid-19, the RECOVERY trial is open to all NHS patients with the viral disease. Total headline costs for the quarter ending 30 June 2020 were GBP332.1 million which is 79% lower than Q3 2019. 03 Nov 2020: Interim Report At and for the three and nine months ended September 30, 2020: Download pdf 462.54 KB: 03 Nov 2020: Ferrari Q3 2020 Results Presentation: Download pdf 1.87 MB: 03 Nov 2020: On track to reach the top end of the full year guidance on all metrics: Download pdf 378.93 KB Operational cost cash burn during the quarter was lower than the previously guided £30 - £40 million per week with a total cash burn for Q3 of £774 million compared to the previously guided £1 billion. For bargain hunters, EasyJet's share price could look attractive, especially as it's trading well below its 52-week high. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Auf der regionalen Jobbörse von inFranken finden Sie alle Stellenangebote in Bamberg und Umgebung | Suchen - Finden - Bewerben und dem Traumjob in Bamberg ein Stück näher kommen mit jobs.infranken.de! Good day, and welcome to the AerCap Holdings N.V. Fourth Quarter 2020 Financial Results. Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment, technology, video and pictures. Hitting this would see a 66.26% upside on EasyJet’s share price through 31 July’s close. 2020 Campaign 12/30/20, 15:18. Will add from St Petersburg 9 routes to EU states in August and September, 5 routes to IT in Winter 2020-21 [15/7]. Signs of a financial deterioration could send EasyJet's share price into a tailspin. Q3 BUSINESS REVIEW: Revenue & Costs Q3 revenue fell by 82% to €0.34bn as traffic shrank by 78% to 8.1m. The steps taken to agree two loans worth around £1.7bn in funding at the outset of the crisis will count in EasyJet’s favour this quarter. Compared to the results seen throughout 2020, the latest data indicated more favorable business conditions. Among the analysts tracking the stock on the Financial Times, EasyJet carries an 820p average price target. Or are there more losses to come? For now, shareholders should watch for any clues as to how the ban will impact future quarters. In half-year earnings, EasyJet saw revenue come in at £2.38bn, a 1.6% gain on the previous quarter. EasyJet's share price drop after UK government imposes quarantine from Spain. The first patients have been recruited for the international study. The airline looks to continue to cope with the growing demand for travel from holidaymakers. Stellennummer 6084 an unserem Standort in Posthausen, veröffentlicht am 28.11.2020. Releasing its financial results for the three months ending 31 December 2020, SIA Group reported an operating loss of S$331 million ($248 million). Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Airlines are notoriously expensive to run and, with virtually no passengers, the carrier's Q3 results could well deliver a further blow to EasyJet’s share price. American Airlines Group today reported its third-quarter 2020 financial results Highlights Third-quarter revenue of $3.2 billion, down 73% year-over-year on. When the job at hand is tough, having the right trading tools can make all the difference. 76% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. The financial services provider reported $25.20 earnings per share for the quarter, missing the Zacks' consensus estimate of $25.80 by $0.60. CMC Markets Asia Pacific Pty Ltd ABN 11 100 058 213, AFSL No. The opening of travel corridors to European destinations had allowed EasyJet’s share price to enjoy a brief rally at the start of June, but now the stock is trading near 52-week lows. If you weren’t contacted, your card was not impacted. Includes free newsletter updates, unsubscribe anytime. Third Quarter Results After resuming 10 short haul routes on 15 June, easyJet flew 117,000 passengers across 709 flights in the final two weeks of the quarter as flights were allowed to resume. New lawsuit by President Trump’s legal team asks SCOTUS to dismiss 50,000 illegal ballots in Wisconsin. Disclaimer Past performance is not a reliable indicator of future results. 2020-10-02: 2020-10-05: Ética y Deontología en la Aviación Comercial: Emilio Martínez Navarro: 2020-10-02: 2020-10-05: HindSight 31 - Identifying "investigative blind spots": the everyday work of occurrence investigator: Rogier Woltjer, Jonas Lundberg and Billy Josefsson: 2020-12-18: 2020-12-31 Although we are not specifically prevented from dealing before providing this material, we do not seek to take advantage of the material prior to its dissemination. DividendMax Ltd. 2020-10-07 00:48:40. Consequently, you should consider the information in light of your objectives, financial situation and needs. Will bitcoin’s bubble burst on ESG fears? Airlines are notoriously expensive to run and, with virtually no passengers, the carrier's Q3 results could well deliver a further blow to EasyJet’s share price. EasyJet's Q2 passenger numbers - a 7.4% drop. Since then, AC shares have decreased by 1.8% and is now trading at C$26.90. This uncertainty could leave EasyJet's share price volatile for a long time to come. Rights issue raises cash after first-loss loss. Het laatste nieuws over de beurs, financiële wereld, economie, politiek en ondernemen vind je op fd.nl The airline also had a £2.4bn cash position as of 22 June. Q3 cost performance was strong, falling 63% thanks to the measures implemented over the past nine months. Tricks of the trade: 7 interviews with the world’s top traders. EasyJet share price vitals, Yahoo Finance, 3 August 2020. 40. To nobody’s surprise, they were not pretty. Passenger numbers decreased by 7.4% to 38.6 million due to the impact of the coronavirus, while capacity decreased by 7.6% as flights were cancelled in March due to the outbreak. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. Vivendi published yesterday its results for the year 2020 and cast a doubt about a possible acquisition of a stake in M6. 2020 Annual report and accounts: FY 2020 Trading Update: Q3 2020 Trading Update: Full year results statement: Half year results statement: H1 2020 Trading update: Q1 2020 Trading Update EasyJet customers who paid with a debit, credit or charge card that was compromised were contacted in April by email. Such a decline might already be priced into EasyJet's share price. EasyJet have confirmed that details for 9 million of their customers were accessed in a data breach. easyJet’s underlying cost performance was strong in the 2020 financial year. 2,400+. 470. The stock took a further hit when the UK government re-imposed quarantine measures for those arriving from Spain, Britain’s favourite holiday destination. 1 2 nächste > Passenger numbers decreased by 7.4% to 38.6 million due to the impact of the coronavirus, while capacity decreased by 7.6% as flights were cancelled in March due to the outbreak. Total Airline revenue per seat (2) decreased by 10.6% to GBP54.35 (2019: GBP60.81). Today's conference is being recorded, and a transcript will … easyJet has published its results for the final three months of 2020, revealing the extent to which it has struggled through the latest phase of the Covid-19 crisis. Announced over 190 additional routes launch for summer 2020 [10/7]. Electric truck maker Xos will go public via a merger with SPAC NextGen Acquisition Corp in a $2bn deal. The information on this website is prepared without considering your objectives, financial situation or needs. Electric truck maker Xos will go public via a merger with SPAC NextGen Acquisition Corp in a $2bn deal. €3.5bn cash at quarter end (31 Dec.). Among the analysts tracking the stock on the Financial Times, EasyJet carries an 820p average price target. Today, easyJet became the first of the big three low-cost airlines in Europe to report results for the final quarter of 2020. 4 August 2020 EASYJET TRADING STATEMENT FOR THE QUARTER ENDED 30 JUNE 2020 easyJet's Q3 performance is in line with expectations, ending the period with a re-start to flying. Thursday, 24 July 2014. 246381 (the stockbroking services provider) provides the financial products and/or services. However, the UK government has proven it is not afraid of suddenly re-imposing lockdown measures on international travel. Such a decline might already be priced into EasyJet's share price. You could lose more than your deposits. We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. All of these documents are available at cmcmarkets.com.au or you can call us on 1300 303 888. If not, the stock could be in for some turbulence post-earnings. Total headline costs for the quarter ending 30 June 2020 were £332.1 million which is 79% lower than Q3 2019. Wizz Air, legally incorporated as Wizz Air Hungary Ltd. (Hungarian: Wizz Air Hungary Légiközlekedési Kft.) Will bitcoin’s bubble burst on ESG fears? Signs of a financial deterioration could send EasyJet's share price into a tailspin. Daily flights. As the circumstances surrounding COVID-19 continuously evolve, APEX will regularly update this page with key resources, as well as relevant news on how the pandemic is impacting the aviation industry. 238054 (the derivative product issuer), CMC Markets Stockbroking Limited, Participant of the ASX Group (Australian Securities Exchange) and SSX (Sydney Stock Exchange) and Chi-X (Chi-X Australia), ABN 69 081 002 851, AFSL No. Revenue per seat grew by 2.7% at constant currency or by 1.7% on a reported basis to £62.47 per seat despite a less benign capacity environment and a significant increase in easyJet … ... Monday – Ryanair Q3 results. Easyjet 2014 Q3 results. €3.5bn cash at quarter end (31 Dec.). Hitting this would see a 66.26% upside on EasyJet’s share price through 31 July’s close. CMC Markets does not endorse or offer opinion on the trading strategies used by the author. But that has not stopped some investment banks downgrading the low-cost airline’s stock ahead of its Q3 results next week, with HSBC changing its rating from ‘hold’ to ‘reduce’ last month. EasyJet's Q2 passenger numbers - a 7.4% drop. App Store is a service mark of Apple Inc. Android is a trademark of Google Inc. Includes free newsletter updates, unsubscribe anytime. The network expansion announcement come on the back of the airline releasing its Q3 2020 results which shoed the carrier strengthening its position among leading global airline groups, ranking in the top three by passenger traffic growth (9%) and in the top five for RPK growth (9.2%). Given that results will cover the coronavirus outbreak period, it will be no surprise to see a sharp downturn in revenue as fewer passengers have taken to the skies. AerCap Holdings N.V. (AER) Q4 2020 Earnings Call Transcript AER earnings call for the period ending December 31, 2020. As EasyJet's fleet was grounded on 30 March, it's difficult to assess the impact of the outbreak using these figures. CMC Markets is an execution-only service provider. Aer Lingus owner IAG posts €1.3 billion loss in Q3 Updated / Thursday, 22 Oct 2020 14:22 Aer Lingus owner IAG has further downgraded its capacity outlook for the rest of the year Elections Municipales 2020 Candidats aux élections municipales 2020. The opening of travel corridors to European destinations had allowed EasyJet’s share price to enjoy a brief rally at the start of June, but now the stock is trading near 52-week lows. Out of the blue, police hunting the bombers also made an arrest, albeit the suspect was later released. EasyJet's share price has been hit hard by the UK government's decision to reimpose a 14-day quarantine for those arriving from Spain. With Tesla faltering, is Xos the next big thing in EV investment? Our Financial Services Guide contains details of our fees and charges. Whether this letter has the desired effect remains to be seen. This form is protected by reCaptcha. Load factor only increased a little bit. EasyJet has written to the UK government arguing for a more 'nuanced' approach to quarantine measures in a joint letter with British Airways, Tui, Heathrow Airport and over 40 other signatories.Â. The financial services provider had revenue of $3.06 billion for the quarter. You have successfully signed up. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money. EasyJet's share price has been hit hard by the UK government's decision to reimpose a 14-day quarantine for those arriving from Spain. Great tech to spend your stimulus check or 2020 tax refund on. Apple, iPad, and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries. MIAMI - European low-cost carrier easyJet (U2) has today released a statement for its Q3 report. 1 hour Abcam plc 2021 Q2 – Results – Earnings Call Presentation Seeking Alpha 1 hour Nine Energy Service, Inc. 2020 Q4 – Results – Earnings Call Presentation Seeking Alpha 1 hour The FAANG stocks, in these uncertain times, are expected to rise as much as 35% over the next year Yahoo Finance Q3 RESULTS FY20 Presentation. Together with cost-cutting measures, that could help the carrier weather the current uncertainty. Cost reduction & liquidity management continues at all Group airlines. View which … Bases in Europe and North Africa. Useful Sources Travel Advisories: COVID-19 Travel […] No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. *Tax treatment depends on individual circumstances and can change or may differ in a jurisdiction other than the UK. 2020 Campaign 12/30/20, 18:32. Together with cost-cutting measures, that could help the carrier weather the current uncertainty. Icelandair will become the airline's new partner in its connections service, Worldwide by easyJet. Airlines are notoriously expensive to run and, with virtually no passengers, the carrier's Q3 results could well deliver a further blow to EasyJet’s share price. You'll also receive our newsletter and other Opto emails in accordance with our privacy policy. Source: easyJet Q3 Trading Update In comparison to a year ago, revenue decreased, but not as much as costs increased (2.6% to 4.4%). For bargain hunters, EasyJet's share price could look attractive, especially as it's trading well below its 52-week high. The government U-turn was front-page news and saw EasyJet's share price fall 10.5% in a single day. Interested in lower-cost trading? Stansted low-cost growth deal extended by 4 years to 2028 – easyJet based slots secured. EasyJet had a cash burn of £774 million in the quarter, but its guidance was £1 billion, so once again the group is performing ahead of expectations. It's important for you to consider the relevant Terms and Conditions, Product Disclosure Statement ('PDS') and any other relevant CMC Markets Documents before you decide whether or not to acquire any of the financial products. For now, shareholders should watch for any clues as to how the ban will impact future quarters. SaaS SPACs to watch: Rocket Internet joins growing trend, Zoom Smashes Earnings As Work-From-Home Becomes The New Normal. EasyJet has revealed its 2020 full year results, reporting a £1.27 billion loss. Passenger numbers decreased by 7.4% to 38.6 million due to the impact of the coronavirus, while capacity decreased by 7.6% as flights were cancelled in March due to the outbreak. Zoom’s quarterly sales surge 369% as the software company cements itself as the ultimate remote working tool. EasyJet's share price drop after UK government imposes quarantine from Spain. Investors will now watch closely to see how much of this cash EasyJet is currently burning through in the Q3 results. While it’s difficult to hold out much hope for EasyJet’s Q3 earnings, some investors will be asking whether the current price represents something of a bargain.