first_img Image source: Getty Images. See all posts by Matthew Dumigan easyJet’s share price falls 60%. Is now the time to invest? Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. “This Stock Could Be Like Buying Amazon in 1997” Airline operators have been among the worst-performing stocks since the onset of the stock market crash. The easyJet (LSE: EZJ) share price has sunk by almost 60% since mid-February.This comes as no surprise considering the widespread travel restrictions in place as a result of the outbreak of Covid-19. Many airline operators have seen their entire fleets grinding to a halt. easyJet is no exception.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…So, with a dirt-cheap valuation compared to pre-crash levels, is now the right time to invest in easyJet shares?Difficult timesIf travel restrictions continue to drag on, the outlook for airline companies becomes even more bleak.easyJet’s revenue streams have completely dried up and the company is shelling out substantial amounts of cash to cover remaining costs. Nobody knows when its planes will be flying again.However, it’s not all doom and gloom. This week, according to The Telegraph, the struggling airlines gained a crucial cash lifeline. The government offered loans to certain operators and made provisions for a delay in paying £1bn of air traffic controller fees.easyJet was quick to tap the government for this help, taking £600m from the emergency scheme. That’s a vital provision that could prove to be the difference between surviving or going under.Internal disputesBut the current internal dispute between easyJet’s founder and the board of directors particularly concerns me at the present time. The argument appears to centre around the airline’s Airbus order, estimated to cost in excess of £4.5bn.Founder Stelios Haji-Ioannou argues that the order should be cancelled to preserve cash in a time of immense uncertainty. However, the board appears to be willing to go ahead with the purchase, despite the crisis facing the company.I think it would be a poor decision to pursue the Airbus order, especially in light of the current economic climate, which even throws the future of air travel into certainty. The future of air travelThe lasting impact of the Covid-19 pandemic on air travel remains to be seen. With air passenger volumes at rock bottom, analysts at Stifel predict that travel demand won’t return to pre-Covid-19 levels until mid-2021, even in a best-case scenario.On top of this, Stelios has urged the reduction of the airline’s fleet by 100, arguing that the company won’t need any additional new planes for many years to come. This contrasts with the board’s attitude, as it insists on going ahead with an order of another 107 new aircraft.All things considered, I think there are safer companies to invest in during this market crash that offer the prospect of attractive returns. That said, if you’re feeling particularly bullish about the recovery and future growth of easyJet, the current share price may be a bargain.The company’s price-to-earnings ratio is currently around just over 7, that’s substantially lower than this time last year, where the figure was closer to 22.Regardless, the challenges facing the company, and the aviation sector as a whole, are unprecedented. I’ve previously been bullish about easyJet, but I’m now inclined to look for bargains elsewhere in the index. Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Sharescenter_img Enter Your Email Address Matthew Dumigan has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Matthew Dumigan | Thursday, 16th April, 2020 | More on: EZJ Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. 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