Originally Posted by
davidjohnson6
How long could Easyjet really last under a pan-Europe lockdown without a Govt bailout ?
Interestingly, Stelios pointed out in his first letter that as variable costs have significantly reduced with no flights taking place and staff costs can be brought down by furloughs, his worries relate to the future spending on aircraft acquisition. That would suggest that easyjet can last for quite some time if a solution for the aircraft order can be found.
easyJet really is in an interesting position with the Stelios clan owning only a third of the airline, but having easyJet by its neck by way of the licensing of the easy-brand.