sagey, I understand just because a share drops, it doesn't mean that a company is going out of buisness, look at BA three years ago.
What I am observing is a company with severe problems and fudermental flaws in its operating culture. As with everything in the world people and companies don't roll over, THEY FIGHT BACK and there are many people and Airlines that can do it millions of times better than Easyjet.
Easyjet have a product, it is a good product, they have introduced many people to travel but it has holes. The largest being the fact of stepping on peoples toes and putting two fingers up at them at the same time.
They need to change the ill-informed superior image to a company that earns respect from its rivals. Take BMI and Flybe. They have an understanding and it works. NO stepping on toes.
As for the share price...Anybody buying?