EasyJet : Outperform reiterated – the UK, an indisputable strength for easyJet
>Strong exposure to the UK: a real asset for easyJet - We are convinced that the strong exposure to the UK (pre-COVID, the UK market represented roughly 40%e of capacities at easyJet vs 20%e for Ryanair and 10%e for Wizz Air) combined with a less aggressive competitive landscape is today a genuine strength for easyJet and will allow it to take advantage more quickly of the recovery in traffic expected on this market as of May. The strengthening of easyJet’s offerin...EasyJet and its subsidiaries are a low-cost airline carrier operating principally in Europe. Co. operates in the European short-haul aviation market. As of Sept 30 2017, Co. operated 862 routes. Co.'s total fleet as at Sept 30 2017, comprised 279 aircraft, split between 156-seat Airbus A319s, 180-seat A320s, 186-seat A320s and 186-seat A320neos. Co.'s main markets are the U.K., France, Italy, Switzerland, Germany, Netherlands, Portugal and Spain.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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