easyJet plc (EJTTF)
- Simply Wall St.
Institutional owners may consider drastic measures as easyJet plc's (LON:EZJ) recent UK£171m drop adds to long-term losses
Key Insights Given the large stake in the stock by institutions, easyJet's stock price might be vulnerable to their...
- Reuters
EasyJet cabin staff in Portugal plan early April strike over pay
LISBON (Reuters) -EasyJet Plc cabin staff in Portugal will go on a three-day strike in early April to demand higher wages to compensate for the soaring cost of living, the SNPVAC union of civil aviation flight personnel said on Friday. "Due to the economic climate, easyJet workers have lost purchasing power over the last three years," SNPVAC said in a statement. It also pointed out that easyJet's Portuguese bases and routes are among the most profitable, and that in other countries where profitability is lower, employees had had "significant increases".
- Reuters
Ryanair posts record after-tax profit for Christmas quarter
Ryanair on Monday posted its largest after-tax profit for the October-December quarter and said it was likely to face robust demand for Easter and summer 2023 flights. The Irish airline, Europe's largest by passenger numbers, said it had earned 211 million euros ($229.40 million) in the three months ended Dec. 31, the third quarter of its financial year. Ryanair reiterated its forecast of an after-tax profit of between 1.325 billion and 1.425 billion euros for the year through March 31.
