Thanks to the recently-boosted cash reserves, easyJet will be able to ride out a 9-month shutdown under its worst-case scenario. The enhanced financial position and flexibility, as well as the viable strategic plans, appear to be sufficient to cope with the COVID-19-led macro and industry headwinds.
20 Apr 2020
Reinforced flexibility reassures the market
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Reinforced flexibility reassures the market
easyJet plc (EZJ:LON) | 533 -16 (-0.6%) | Mkt Cap: 4,040m
- Published:
20 Apr 2020 -
Author:
Yi Zhong -
Pages:
3
Thanks to the recently-boosted cash reserves, easyJet will be able to ride out a 9-month shutdown under its worst-case scenario. The enhanced financial position and flexibility, as well as the viable strategic plans, appear to be sufficient to cope with the COVID-19-led macro and industry headwinds.