Airlines in Europe have had a nice surge since the Thomas Cook bankruptcy, not alone has the news increased fare potential but it also means that much needed aircraft is becoming available.
Easyjet should benefit from the strikes that Ryanair suffered during peak times.
Technically the chart is strong with indicators remaining bullish.
P/E ratio 5.37 - extremely low value.
Company profile
easyJet Plc engages in the provision of passenger airline and carrier services. Its principal activities include airline operations and aircraft trading and leasing. The company was founded by Stelios Haji-Ioannou in March 1995 and is headquartered in Luton, the United Kingdom.
Easyjet should benefit from the strikes that Ryanair suffered during peak times.
Technically the chart is strong with indicators remaining bullish.
P/E ratio 5.37 - extremely low value.
Company profile
easyJet Plc engages in the provision of passenger airline and carrier services. Its principal activities include airline operations and aircraft trading and leasing. The company was founded by Stelios Haji-Ioannou in March 1995 and is headquartered in Luton, the United Kingdom.