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Greg Smith

EasyJet shares could have further to fly

There is the prospect of a ‘super cycle’ for budget airlines like UK-listed easyJet in the second half of 2021 if substantial pent-up demand for travel emerges.

The past two weeks have seen some great news on vaccine progress, and the
prospect of widespread vaccinations next year will have positive ramifications for a number of beleaguered industries.

Certainly vaccines will be a game changer for the airline industry, and a runway to a degree of normalcy, after this existential crisis.

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Greg Smith is head of research at investment research and funds management house Fat Prophets.

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    Original URL: https://www.afr.com/wealth/investing/easyjet-shares-could-have-further-to-fly-20201118-p56fow