EasyJet Secures Funds To Endure Lengthy Fleet Grounding

easyJet
EasyJet's fleet has been grounded since March 30.
Credit: Nigel Howarth/Aviation Week
EasyJet has enough liquidity to withstand a lengthy grounding of its fleet and could restart flying with as little as two weeks’ notice once the COVID-19 crisis has eased, according to a trading update from the airline. The LCC said it expects to post a headline pre-tax loss of £185-205 million (...

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