Join our community of smart investors

easyJet to land first ever annual loss

easyJet has raised more than £2.4bn in cash this year
easyJet to land first ever annual loss

The coronavirus pandemic has pushed easyJet (EZJ) into its first ever yearly loss. The budget airline operated 66,533 flights in the last three months, which is less than half the number of journeys it flew in last year’s final quarter. It will run just a quarter of its capacity in the final three months of the calendar year.

IC TIP: Sell at 514p

To continue reading...
Register for free
Read 3 articles for free each month
Have an account? Sign in