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Latest Share Chat

EasyJet scales back flying capacity due to lockdowns

Fri, 06th Nov 2020 07:10

LONDON, Nov 6 (Reuters) - British airline easyJet
said recently announced lockdowns in England, Germany and France
had forced it to scale back its already reduced flying schedule,
and it would now fly no more than 20% of capacity for the rest
of the year.

The airline, whose finances are under pressure due to the
low level of travel, also said on Friday that it raised cash of
131 million pounds ($171.99 million) from a further sale and
leaseback deal of its aircraft.
($1 = 0.7617 pounds)
(Reporting by Sarah Young; editing by Alistair Smout)

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