EASYJET

EASYJET expects pretax loss of £690m-£730m for six months ended March 31 (vs £353m loss a year ago) on 90% lower revenues/85% lower capacity; total cash burn was estimated at better-than-expected £470m per day for the second quarter.

Subscription Required

 

EASYJET is part of our SpeedNews subscription.

Subscribe now to read this alert, plus receive full coverage of key developments in commercial and business aviation.

Already a subscriber to SpeedNews or a content package that includes SpeedNews? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.