LONDON, Jan 28 (Reuters) - British airline easyJet reported
an 88% slump in quarterly revenues as passenger numbers
collapsed 87%, hit by the second wave of the pandemic in Europe
which has led to new lockdowns and tightening travel
restrictions.
In the three months ended Dec. 31, easyJet reported total
group revenues of 165 million pounds ($225.3 million), and said
that it was making progress with cost cutting, with its cash
burn falling to 40 million pounds per week in a fully grounded
scenario.
($1 = 0.7324 pounds)
(Reporting by Sarah Young; editing by James Davey)
easyJet (EZJ)
