easyJet share price up 15% this month

<img width="250" height="167" src="https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-easyJet-share-price-up-15-5746391260-iStock-909651716-250×167.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" decoding="async" style="float: left; margin-right: 5px;" link_thumbnail="" srcset="https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-easyJet-share-price-up-15-5746391260-iStock-909651716-250×167.jpg 250w, https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-easyJet-share-price-up-15-5746391260-iStock-909651716-700×467.jpg 700w, https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-easyJet-share-price-up-15-5746391260-iStock-909651716-768×513.jpg 768w, https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-easyJet-share-price-up-15-5746391260-iStock-909651716-120×80.jpg 120w, https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-easyJet-share-price-up-15-5746391260-iStock-909651716-245×164.jpg 245w, https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-easyJet-share-price-up-15-5746391260-iStock-909651716-500×334.jpg 500w, https://www.leaprate.com/wp-content/uploads/2023/12/FIN-LP-easyJet-share-price-up-15-5746391260-iStock-909651716.jpg 1254w" sizes="(max-width: 250px) 100vw, 250px" /><p>Investor sentiment favours the low-cost short-haul airline over IAG, which specialises in longer-haul flights, and experts note that a strong jobs market in Europe is contributing to an increased demand for short-haul air travel. Longer flight times have yet to pick up since the end of the COVID-19 pandemic despite a strong macroeconomic outlook.</p>
<hr />
<p><a href="https://finaffiliates.us20.list-manage.com/subscribe/post?u=e0dd4d77c259eb270712a4eeb&amp;id=fd200b8f75&amp;v_id=4291&amp;f_id=00946ce6f0" target="_blank" rel="noopener">Don’t miss out the latest news, subscribe to LeapRate’s newsletter</a></p>
<hr />
<p>The Russia-Ukraine war has also caused uncertainty when flying to the Middle East, and, more recently, north African flights have decreased due to conflicts in Palestine. Alongside this, oil prices have risen substantially, but easyJet’s strong balance sheet has helped it to cope.</p>
<p>Industry experts have expressed interest in the airline’s stock recovery since the pandemic, despite its last consecutive earnings per share (EPS) years of growth being 2013-2015. easyJet’s EPS is projected to rise to 77p in 2027 from an estimated 56p next year although this rise is determined by the jobs market and a decrease in global conflicts.</p>
<p>Another reason why the short-haul airline has recovered better than IAG is its bargaining power – the airline often offers its customers huge deals, all-inclusive, which have helped to bolster it since 2020. IAG has attempted to recover with its <a href="https://www.leaprate.com/news/alaska-air-to-acquire-hawaiian-airlines-for-1-9bn/" target="_blank" rel="noopener">acquisition</a> of Air Europa, although this has not shown any benefits so far this year.</p>
<p>The post <a rel="nofollow" href="https://www.leaprate.com/forex/market-news/easyjet-share-price-up-15-this-month/">easyJet share price up 15% this month</a> appeared first on <a rel="nofollow" href="https://www.leaprate.com">LeapRate</a>.</p>