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Aug 12, 2021
08/21
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BBCNEWS
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recently, rya nair and easyjet at recently, ryanair and easyjet at that same quarter, reported aroundrk in terms of the actual results but what is much more interesting is the day—to—day report and the very latest booking trends. that will give us a real sense of how consumers across europe have reacted to restrictions being relaxed over the last few months. ~ ., being relaxed over the last few months. . ., ., , ., ~' months. what do you think we will see from _ months. what do you think we will see from that _ months. what do you think we will see from that given - months. what do you think we will see from that given that i will see from that given that restrictions in many countries only relaxed really in the past few weeks?— few weeks? yes, what we are seeinu few weeks? yes, what we are seeing across _ few weeks? yes, what we are seeing across our— few weeks? yes, what we are seeing across our travel- seeing across our travel company clients is what you call a two speed recovery, really. across europe we see huge amounts of bookings coming in already, some of the airlines we menti
recently, rya nair and easyjet at recently, ryanair and easyjet at that same quarter, reported aroundrk in terms of the actual results but what is much more interesting is the day—to—day report and the very latest booking trends. that will give us a real sense of how consumers across europe have reacted to restrictions being relaxed over the last few months. ~ ., being relaxed over the last few months. . ., ., , ., ~' months. what do you think we will see from _ months. what do you think we...
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Aug 26, 2021
08/21
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BLOOMBERG
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easyjet is in the united kingdom.ir able to benefit from open borders within the european union. easyjet suffering from the higher costs due to pcr tests for travelers. tom: how is it playing out in terms of which countries are recovering most quickly? >> greece is a clear standout. you see from the chart, the capacity since 2019. greece now at higher levels, at a quarter of a percent, higher than it was for the same period in 2019. a phenomenal achievement, especially because tourism accounts for 20% of their gdp. one notable laggard is the u.k., -54% for this week compared to 2019. it is because the united kingdom cannot compete with the european union on a travel basis, as they are not in the open border framework because of the digital covid-19 travel pass. tom: laura wright breaking down what is happening across europe as economies and the travel industry adjust to changes in the pandemic read in the u.k., a labor shortage in key industries from haulage to food process is disrupting supplies in some supermarkets.
easyjet is in the united kingdom.ir able to benefit from open borders within the european union. easyjet suffering from the higher costs due to pcr tests for travelers. tom: how is it playing out in terms of which countries are recovering most quickly? >> greece is a clear standout. you see from the chart, the capacity since 2019. greece now at higher levels, at a quarter of a percent, higher than it was for the same period in 2019. a phenomenal achievement, especially because tourism...
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Aug 24, 2021
08/21
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BLOOMBERG
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easyjet trading up over 5%. travel roaring back. alix: travel roaring back.about the german election. that momentum is building, shifting to social democrats, the party of olaf scholz. social democrats overtook on below merkel's -- overtook angela merkel's party. >> i think laschet is the right guy to be chancellor and he has my full support. it is getting harder and not that realistic to get to 40%. now is about who will be number one in the end and who conform the government. alix: joining us is maria tadeo from berlin tracking all of the horserace into the final countdown. where are we so far? maria: i think makrus soeder is very optimistic in that tape we just played. if you look at the numbers it is not about whether the cd you can get to 40% it is whether the cdu can hold and keep 20% in this election. the fast that the spd has managed to overtake the cdu should be making everyone concerned in that party. this is a story. weeks of sustained momentum for the social democrats and the huge decline week after week for the christian democrats end up not bein
easyjet trading up over 5%. travel roaring back. alix: travel roaring back.about the german election. that momentum is building, shifting to social democrats, the party of olaf scholz. social democrats overtook on below merkel's -- overtook angela merkel's party. >> i think laschet is the right guy to be chancellor and he has my full support. it is getting harder and not that realistic to get to 40%. now is about who will be number one in the end and who conform the government. alix:...
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Aug 9, 2021
08/21
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BLOOMBERG
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easyjet down 2.7%. alix: i would've thought you are more of a tigger person but roo is my favorite. you're going to talk about roo you have to talk about tigger. alix: oil down about 10% or 11%. amrita sen joins us now. you notice the sentiment turning a few weeks ago. there narrative we were looking a lot more in surplus in 2022 then may be have thought. do you buy this narrative? amrita: i don't. i do not think 2022 will be a surplus. i think there's a huge misconception around the 2022 balance. this year we are drawing down in countries a huge amount. we are back at the five-year average globally and back below the five-year average, even the 2015 to 2019 average. obviously 2020 inflation you take that up. next year balances are showing small draws, maybe even flat. that is what giving people concern, next year's balances are week. you cannot draw inventories when there is nothing to draw. you cannot have every year of stock draw because we are going to be entering next year at very tight inventory levels and we will have very low opec-plus spare capacity because they will be inc
easyjet down 2.7%. alix: i would've thought you are more of a tigger person but roo is my favorite. you're going to talk about roo you have to talk about tigger. alix: oil down about 10% or 11%. amrita sen joins us now. you notice the sentiment turning a few weeks ago. there narrative we were looking a lot more in surplus in 2022 then may be have thought. do you buy this narrative? amrita: i don't. i do not think 2022 will be a surplus. i think there's a huge misconception around the 2022...
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Aug 31, 2021
08/21
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CNBC
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easyjet down 1.7%. wizz air is down 2.9%.have seen in the uk and europe over the last several months and summer season is the rules can change very quickly. this uncertainty is likely what will weigh on travelers' minds if the current restrictions don't change dramatically. these are non binding recommendations from the eu rather than rules. we may well see various member states take action and restrict travel immediately seema. >> it raises a lot of concerns and becomes more complex traveling overseas julianna, thank you. julianna tatelbaum in london. >>> back home. millions still without power in louisiana one day after hurricane ida barrels through the region in the strongest storm in 16 years. nbc's jay gray is still on the ground in new orleans and joins us now on the recovery efforts jay. >> reporter: good morning, seema. a burst of rain over the last 30 to 40 minutes. it cleared to help the teams to get out in the next few hours. look at the damage in the downtown area. this building actually is a building that local l
easyjet down 1.7%. wizz air is down 2.9%.have seen in the uk and europe over the last several months and summer season is the rules can change very quickly. this uncertainty is likely what will weigh on travelers' minds if the current restrictions don't change dramatically. these are non binding recommendations from the eu rather than rules. we may well see various member states take action and restrict travel immediately seema. >> it raises a lot of concerns and becomes more complex...
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Aug 12, 2021
08/21
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BLOOMBERG
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i've already had the conversation with people over here, jetblue, that is like easyjet, isn't it?: that is going to take time. let's get the restrictions lifted by the u.s. government. we think that is going to drive a lot of demand, and to me, that is the right time for us to start expanding out our marketing efforts here in the u.k. guy: let's talk about what is happening stateside. delta is obviously making its presence felt in a very significant way. are you anticipating that that is going to have a near-term impact in terms of booking? i want to get a gauge of what you're seeing on the ground on a daily basis. robin: certainly over the last couple of weeks, as we have seen the delta variant go up, it is something that we started to see an impact on. i did actually say in our earnings call at the end of july that i was cautious about september for that very reason, so right now it is playing out pretty much as we expected, but what i have learned on this is as case counts continue to rise, you get more customers wanting refunds, more people holding off bookings. they think thi
i've already had the conversation with people over here, jetblue, that is like easyjet, isn't it?: that is going to take time. let's get the restrictions lifted by the u.s. government. we think that is going to drive a lot of demand, and to me, that is the right time for us to start expanding out our marketing efforts here in the u.k. guy: let's talk about what is happening stateside. delta is obviously making its presence felt in a very significant way. are you anticipating that that is going...
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Aug 12, 2021
08/21
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BLOOMBERG
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eye 32
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i've already had the conversation with people over here, jetblue, that is like easyjet, isn't it?t. robin: that is going to take time. it is going to take restrictions being lifted by the u.s. government. to me, that feels like the right time for us to start expanding out our marketing efforts here in the u.k. guy: let's talk about what is happening stateside. eltel is obviously making its presence felt in a very significant way. are you anticipating that that is going to have a near-term impact in terms of things? and just trying to get a gauge of what you are seeing on the ground on a daily basis. robin: certainly over the last couple of weeks, as we have seen the delta variant go up, it is something that we have started to see an impact on. i did actually say in our earnings call at the end of july that i was cautious about september for that very reason, so right now it is playing out pretty much as we expected. but as case counts continue to rise, you get more customers wanting refunds, more people holding off bookings. what i would say is this is going to be a fairly short-t
i've already had the conversation with people over here, jetblue, that is like easyjet, isn't it?t. robin: that is going to take time. it is going to take restrictions being lifted by the u.s. government. to me, that feels like the right time for us to start expanding out our marketing efforts here in the u.k. guy: let's talk about what is happening stateside. eltel is obviously making its presence felt in a very significant way. are you anticipating that that is going to have a near-term...
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Aug 31, 2021
08/21
by
BLOOMBERG
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anna: we could have picked easyjet --it is even the low cost ones that do not fly across the atlantice would see downside because of tencent's shareholding and the crackdown on games companies in china. tencent recovered and process did a deal with the indian payments company, and that saw the share price move to the upside. >> bloomberg has learned apple will add emergency features that will rely on satellite technology. they will allow users to send text for major emergencies without cellular coverage. sources tell us even if the next iphone has the hardware, the feature will not be ready before next year. sales fell short of analyst estimates, raising concerns the company will struggle to maintain rapid revenue growth. the california-based company says revenue will be over $1 billion in the current period. the sec says a full ban is on the table, and the business model is a conflict of interest. that is the latest business flash. tom: one of the leading 20 taper tantrum episode is now worried the central bank could fall behind the curve as it removes covid era monetary stimulus. >>
anna: we could have picked easyjet --it is even the low cost ones that do not fly across the atlantice would see downside because of tencent's shareholding and the crackdown on games companies in china. tencent recovered and process did a deal with the indian payments company, and that saw the share price move to the upside. >> bloomberg has learned apple will add emergency features that will rely on satellite technology. they will allow users to send text for major emergencies without...