The market reacted positively to the group’s Q1 results, as the slightly weaker-than-expected traffic figures were more than offset by the strong pricing. The fading away Omicron impacts and the progressive lifting of travel curbs in many European countries, especially in the UK, are hoped to drive an earlier normalisation of operations. The Q2 traffic projection is only slightly lower than the pre-Omicron schedule and the year-end projection remains unchanged to approach its pre-crisis level.
30 Jan 2022
Bearing the Omicron upset with strong pricing
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Bearing the Omicron upset with strong pricing
easyJet plc (EZJ:LON) | 545 -12 (-0.4%) | Mkt Cap: 4,132m
- Published:
30 Jan 2022 -
Author:
Yi Zhong -
Pages:
3
The market reacted positively to the group’s Q1 results, as the slightly weaker-than-expected traffic figures were more than offset by the strong pricing. The fading away Omicron impacts and the progressive lifting of travel curbs in many European countries, especially in the UK, are hoped to drive an earlier normalisation of operations. The Q2 traffic projection is only slightly lower than the pre-Omicron schedule and the year-end projection remains unchanged to approach its pre-crisis level.