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* Presents new fleet plan with built-in flexibility* Company has notional cash balance of 3.3 bln stg* Would seek extra funding if shutdown extends beyond 9 months* Refrains from issuing 2020 results guidance* Shares up 2% (Adds related content; no...
Read more* Presents new fleet plan with built-in flexibility* Company has notional cash balance of 3.3 bln stg* Would seek extra funding if shutdown extends beyond 9 months* Refrains from issuing 2020 results guidance* Shares up 2% (Adds shareholder stateme...
Read more* Presents new fleet plan with built-in flexibility* Company has notional cash balance of 3.3 bln stg* Would seek extra funding if shutdown extends beyond 9 months* Refrains from issuing 2020 results guidance* Shares up more than 3% (Recasts, adds ...
Read more* Says would remain cash-positive if grounded for nine months* Would seek additional funding if grounding lasts longer* Has notional cash balance of 3.3 bln stg* Unable to provide 2020 guidance amid coronavirus crisis* Shares up 9% (Adds detail, CE...
Read more(Adds detail)LONDON, April 16 (Reuters) - British low cost airline easyJet said it would be able to survive a lengthy fleet grounding during the coronavirus pandemic due to the steps it had taken to shore up its finances.The airline said that it h...
Read moreLONDON, April 16 (Reuters) - The chief executive of easyJet said when flying restarts after the coronavirus crisis recedes planes are likely to operate with the middle seat empty due to social distancing regulations.He also told reporters on a cal...
Read moreLONDON, April 16 (Reuters) - British low cost airline easyJet, whose aircraft are all grounded due to the coronavirus pandemic, said steps it had taken to shore up its finances meant it would be able to survive a lengthy fleet grounding.The airli...
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(Sharecast News) - Budget airline easyJet said it had signed two new taking its liquidity to more than ?3bn, as it said it could last nine months with its fleet grounded.
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UK WINNERS & LOSERS SUMMARY: Costain Surges On HS2 Construction Nod
Read moreTOP NEWS: easyJet Founder Accuses Of Company Of Skirting Market Rules
Read more(Sharecast News) - Heathrow airport predicted that passenger traffic would plunge by 90% in April due to the travel restrictions in place across the globe.
Read more* Wizz Air, IATA float empty middle-seat policies* On-board social distancing threatens business models* Wizz Air exploring measures including passenger masks (Adds interview with head of IATA, background)By Sarah Young and Laurence FrostLONDON/PARI...
Read more* Wizz Air, IATA float empty middle seat policies* On-board social distancing threatens business models* Wizz Air exploring measures including passenger masks (Updates with IATA CEO comments, detail, background)By Sarah Young and Laurence FrostLONDO...
Read more* Says plans to block out one third of seats* No plans to permanently reconfigure aircraft* No plans for aircraft deferrals* Sticks to 15% capacity growth plan for when market returns* Makes 1,000 redundant, cuts salaries (Recasts, adds CEO comments...
Read more* Support sought for core routes* Budget carriers less likely to benefitBy Laurence FrostPARIS, April 10 (Reuters) - Major airlines are seeking operating subsidies for key routes once coronavirus restrictions are lifted, a leaked lobbying document ...
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