Originally Posted by
Albert Hall
The market hasn't exactly responded well to today's news - share price has hit a 6-month low at 401p so it looks to be that investors are pretty underwhelmed with a statement which says "more of the same". Resuming paying of dividends normally helps your attractiveness as a share, particularly for some of the institutional investors, but it looks as though the opposite has happened. Not a vote of confidence, I fear.
Given the fact that the first aircraft of this particular order won’t be arriving for another 5 years yet, this is good news!
The backlog for these Airbus models and slot availability only makes it inevitably for Easyjet to make this specific order now…it was going to happen soon let me tell you that!