easyJet Plc £EZJ - A Valuation on 21st July 2021

This British airline has been smashed by the pandemic. The recovery will happen, but slowly. Can they return to profitability or will their debt burden finish them off?

Summary

The pandemic smashed the airline industry, and it will recover slowly. Some consolidation across the sector is an opportunity for easyJet. They will use their low-cost offering to take some market share and return margins to their pre-pandemic levels. Although, their colossal debt levels pose a risk to both collapse and value.

Market Price = £8.12
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