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Jul 3 2024, 07:20 IST/BST
Airlines
Growing pains
- Sectors : Airlines
- Companies : Jet2 plc | Wizz Air Holdings | Ryanair Holdings | easyJet
Ratings
Ratings and price correct at time of issue
| Company | Rating | Date | Previous Rating | Date | Closing Price |
|---|---|---|---|---|---|
| Wizz Air Holdings | NEUTRAL | 17/01/24 | Outperform | 12/01/23 | 2066.0p |
| easyJet | OUTPERFORM | 24/01/22 | Neutral | 14/07/21 | 444p |
| Jet2 plc | OUTPERFORM | 05/06/24 | N/A | N/A | 1290p |
| Ryanair Holdings | OUTPERFORM | 07/12/09 | Neutral | 02/11/09 | 1596c |
DAVY VIEW
Early summer reporting starts next week. While the overall dynamic of aerospace supply constraints continues and fundamentally strong demand remains, we expect an element of tough comparables to impact the April-June period. Some recent commentary has suggested that if “revenge travel” was the buzzword for 2023, then this year it would be “normalised demand”.
