EasyJet reports annual loss and cuts flights to 20% for 2021
The low-cost airline’s shares o fell 2.1% having declined 47% in 2020
17 November 2020 - 16:40
London — EasyJet reported its first-ever annual loss and extended repayment deadlines for a UK-backed loan that’s helped it weather the loss of business caused by the coronavirus.
Britain’s biggest discount carrier posted a loss of £835m for the year to end-September. The 25-year-old airline said on Tuesday that it will fly no more than 20% of its usual capacity in the final three months of 2020...
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