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UPDATE 1-UK airline easyJet uncertain on full-year results date

Mon, 02nd Nov 2020 12:21

(Adds details, background)

LONDON, Nov 2 (Reuters) - Britain's easyJet said the
date of its full-year results was not confirmed, having
previously said they would be published on 17 November before
new lockdowns across Europe led to a deepening of the COVID-19
crisis for airlines.

"The date of reporting our full-year results is not
currently confirmed. We will update the market once a date has
been confirmed," an easyJet spokeswoman told Reuters on Monday.

Even before new lockdowns were announced in England, France
and Germany, easyJet had been considering options to bolster its
finances. Its balance sheet has come under increasing strain as
a second wave of the pandemic stopped dead a recovery in travel.

Any delay in publishing its results would add to investor
uncertainty.

The airline warned in October that it would make an annual
loss of as much as 845 million pounds for the 12 months that
ended in September. It said at that time it would publish
results on 17 November.

(Reporting by Sarah Young, Editing by Paul Sandle)

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