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EasyJet boosts finances to deal with virus chaos

by LLB Editor
6th Nov 20 9:25 am

EasyJet has pumped more money into its coronavirus-hit finances, the low-cost carrier revealed today.

The company said it expects to slash services further in light of the new coronavirus lockdown.

Its key markets of England, France and Germany have been affected by the pandemic, forcing EasyJet to scale back expectations for flight schedules to 20% from 25% until the end of the year.

“We remain focused on cash generative flying over the winter season in order to minimise losses during the first half and retain the flexibility to ramp capacity back up quickly when we see demand return,” easyJet said.

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