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-   -   EasyJet-5 (https://www.pprune.org/airlines-airports-routes/599888-easyjet-5-a.html)

kcockayne 30th Oct 2020 18:02

Not disagreeing with the general gist of your comments - but, just been to Madeira for 8 days & it certainly is not as you describe. One test on arrival, result within 7 hours, & the rest of the time free to enjoy a relaxing holiday. And, I don’t think I saw a policeman - except at the airport.

lfc84 30th Oct 2020 18:45


Originally Posted by All names taken (Post 10915226)
What's the point of going anywhere, when most places are vitually police states with freedom a thing of the past? No joy in any of what's on offer so best to stay at home.

Isnt it safer to go abroad ? Less incidence of coronavirus in most places than in the UK

businessair75 30th Oct 2020 19:31

I’ve been lucky to get away a few times this year and whilst restrictions are tightening generally, we found things to be quite relaxed provided you wear your mask. The U.K. governments quarantine policy is the main thing that has stifled demand fo leisure destinations. The underlying demand is actually pretty strong.

The number of EasyJet rotations are probably a targeted measure to keep yields viable on existing frequencies.

LGS6753 6th Nov 2020 11:17

Another day, another sale and leaseback:
https://www.travelmole.com/news_feat...ews_id=2044976

The article also says that EZY will only operate 20% of its plan until year-end.

LTNman 6th Nov 2020 12:03


Originally Posted by lfc84 (Post 10915260)
Isnt it safer to go abroad ? Less incidence of coronavirus in most places than in the UK

So we can give it to other people then, which is how we got it in it in first place.

pabely 6th Nov 2020 12:38


Originally Posted by LGS6753 (Post 10920148)
Another day, another sale and leaseback:
https://www.travelmole.com/news_feat...ews_id=2044976

The article also says that EZY will only operate 20% of its plan until year-end.

And more go to Eastern Europe to be parked up.

lfc84 6th Nov 2020 12:55


Originally Posted by LTNman (Post 10920195)
So we can give it to other people then, which is how we got it in it in first place.

only those disease and illness free should be travelling. so i maintain my point. its safer to be abroad than remain in the UK

inOban 6th Nov 2020 14:39

But it safest of all to stay where you are, where you are in control of your environment and whom you meet.

Gurnard 17th Nov 2020 10:03

First annual loss announced:-

https://www.bbc.co.uk/news/business-54970784

DDDriver 17th Nov 2020 10:13

"[Johan] Lundgren said that in the near future EasyJet should not need more than the £3bn it has already raised."

So, in theory there's enough cash in the bank (as it were) to survive another 12 months of this. But then they're in the poop, I guess.

If demand isn't back up in some format for the 2021 summer season there's gonna be a lot of trouble for a lot of people, sadly.

D9009 17th Nov 2020 10:39


The pandemic has put great pressure on EasyJet's finances, forcing it to take on more debt, go to shareholders for extra cash, and sell dozens of its aircraft.

The airline said on Tuesday that after talks with the Bank of England and the Treasury, it would extend its borrowing under the government Corporate Finance Facility scheme, and stagger repayments.
This is the worrying bit

southside bobby 17th Nov 2020 10:52

Owe a £1000 to the bank you worry...Owe a £1,000,000 to the bank they worry.

WHBM 17th Nov 2020 11:16

It should come as no surprise that, to a business with a high proportion of leased assets, substantial staff numbers, and a very significant downturn in demand, they show a loss. What else ?

But this is in conventional accounting terms. What is far more important at this time is how "free cash" is going. The two sets of figures can be miles apart. You don't go out of business because you show a loss in the published accounts. You do so because you have run out of cash.

fanrailuk 18th Nov 2020 14:44

EZY @ LHR
 
EasyJet will fight to fly from Heathrow

Seljuk22 27th Nov 2020 18:26

Italian bases will be scaled down from 36 to 27 based aircraft


Milano Malpensa da 22 a 21 (la base principale nel Paese), mentre maggiore sarà l’impatto negli altri due scali: Napoli vedrà ridursi gli aerei con la livrea arancione da 7 a 4, mentre Venezia passa da 7 a 2.
https://www.corriere.it/economia/azi...1ccfa2bb.shtml

flyOU 27th Nov 2020 19:40

Ooops :-( ..... easyjet pls Stay Alive

mariofly12 27th Nov 2020 20:13

Wow..that's really drastic cut in Venice..From 5 to just 2!..Why so? to support the seasonal base of FAO and AGP? Is it temporary until traffic picks up again?


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