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Oct 8 2024, 06:50 IST/BST
Airlines - low-cost carriers
Ultra low-cost carriers’ contrasting fortunes
- Companies : Ryanair Holdings | Wizz Air Holdings | easyJet | Jet2 plc
Ratings
Ratings and price correct at time of issue
| Company | Rating | Date | Previous Rating | Date | Closing Price |
|---|---|---|---|---|---|
| easyJet | OUTPERFORM | 24/01/22 | Neutral | 14/07/21 | 493p |
| Jet2 plc | OUTPERFORM | 05/06/24 | N/A | N/A | 1421p |
| Ryanair Holdings | OUTPERFORM | 07/12/09 | Neutral | 02/11/09 | 1647c |
DAVY VIEW
Ryanair and Wizz Air both report Q2 results next month. The former will highlight its current growth and extensive cash generation. The latter continues to struggle with lack of growth as a result of the geared turbofan (GTF) issue, albeit its Capital Markets Day illustrated its renewed focus on growing to 500 aircraft by 2032.
