TRANSAVIA
TRANSAVIA lost €111m in 2Q20 (vs €53m profit in 2Q19) on 97% lower revenues; activity levels were close to zero in April/May with progressive restart in June. It established strict cash preservation measures, including deferral of supplier payments.
Subscription Required
TRANSAVIA 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.