easyJet’s Q1 performance was largely hit by travel restrictions in Europe and the situation is expected to be worse in the next quarter. Nevertheless, the market was persuaded by the airline’s current liquidity position which could allow a survival of more than 14 months even in a fully-grounded scenario.
28 Jan 2021
Comfortable liquidity position despite a gloomy short-term outlook
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Comfortable liquidity position despite a gloomy short-term outlook
easyJet plc (EZJ:LON) | 558 0 0.0% | Mkt Cap: 4,227m
- Published:
28 Jan 2021 -
Author:
Yi Zhong -
Pages:
2
easyJet’s Q1 performance was largely hit by travel restrictions in Europe and the situation is expected to be worse in the next quarter. Nevertheless, the market was persuaded by the airline’s current liquidity position which could allow a survival of more than 14 months even in a fully-grounded scenario.