LONDON MARKET PRE-OPEN: easyJet Performs Well Before Virus Grounding
LONDON MARKET PRE-OPEN: easyJet Performs Well Before Virus Grounding

LONDON MARKET PRE-OPEN: easyJet Performs Well Before Virus Grounding
(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...
* 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...
* 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 ...
* 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...
* 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...
LONDON, 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...
LONDON, 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...
(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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(Sharecast News) - Heathrow airport predicted that passenger traffic would plunge by 90% in April due to the travel restrictions in place across the globe.
* 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...
* 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...
* 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...