Thinking to invest in easyJet?

easyJet is responsible in no small part for the budget airline revolution in Europe. The carrier remains the second largest budget carrier in Europe today; but reports of lower earnings has the company’s stock experiencing more than just a little dip.

After announcing that planes were not being filled as much as the last fiscal year, shares in the airline dropped as much as eighteen percent. Even as easyJet’s December passenger numbers were up over nine percent compared to the same period in 2006, the overall capacity compared to available seating was down to 78.9 percent compared with 78.9 last December.

But don’t sell your stocks just yet, analysts are predicting a year of growth as easyJet plans to expand its fleet and buy new aircraft to replace old ones. The airline reports that despite a lull in the load factor, 2.89 million passengers flew with them in December 2007, while December 2006 saw 2.63 million.

www.easyjet.com