Ryanair's Michael O'Leary is considering copying rival EasyJet by launching package holidays as rock-bottom fares fail to draw profits [Fortune]
EASYJET PLC S/ADR (ESYJY)
NASDAQ:AMEX Investor Relations:
corporate.easyjet.com/investors.aspx
Company Research
Source: Fortune
Their earnings in recent months have diverged dramatically—the Dublin-based Ryanair suffered a 46% profit drop in the three months to June 30, while its British rival saw profits jump 16% during the same period. Now, Ryanair wants to up its game, even if that means expanding its business into an area it previously shunned, but that's proven to be a success for its rival. The low-cost carrier is considering offering vacation bundles along with flights in the hope that this will help Ryanair reverse its fortunes. “I wouldn't rule out setting up a holidays division,” Ryanair CEO Michael O'Leary told The Telegraph in an interview. “The holiday product is probably a reasonable way of charging higher fares and yields and for wrapping it into a package.” Ryanair is Europe's largest airline, competing in a market marred by “frugal” customers holiday poverty, and more. That's caused its earnings to take a beating during its peak summer months, typically a lucrative time for the likes o
Show less
Read more
Impact Snapshot
Event Time:
ESYJY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ESYJY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ESYJY alerts
High impacting EASYJET PLC S/ADR news events
Weekly update
A roundup of the hottest topics
ESYJY
News
- EasyJet launches new longest route from England [Yahoo! Finance Canada]Yahoo! Finance Canada
- Online In-Flight Shopping Market Report: Industry Trends, Competitive Insights and Business Opportunities to 2032 Featuring the Emirates Group, Lufthansa, EasyJet, AirAsia, British Airways & More [Yahoo! Finance]Yahoo! Finance
- How To Visit Rovaniemi, Finland's ‘Home Of Santa Claus' [Forbes]Forbes
- Companies Are Dropping Carbon Offsets, But Still Buying the Worst Ones [Yahoo! Finance]Yahoo! Finance
- Are low-cost airlines over? How Ryanair, EasyJet and Wizz Air are unlocking more profits, and teaching the American giants new tricks [Yahoo! Finance Canada]Yahoo! Finance Canada