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Old 29th Mar 2020, 19:09
  #100 (permalink)  
Rt Hon Jim Hacker MP
 
Join Date: Oct 2019
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It was reported from LBA that Dart Group had a war chest of £400 million for an event exactly like this. If nothing moves, Jet2 burns through £1 million per day.

There is also £1.5 billion in cash reserves. Nearly all the ground staff and cabin crew will be getting most of their salaries paid by Rishi.

Whilst the impact will be huge, Jet2 should weather the storm.



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