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Stock impact report

EasyJet launches winter sale in coronavirus rebooking push [Reuters]

EASYJET PLC S/ADR (ESYJY) 
NASDAQ:AMEX Investor Relations: corporate.easyjet.com/investors.aspx
Company Research Source: Reuters
EasyJet launches winter sale in coronavirus rebooking push PARIS (Reuters) - EasyJet ( EZJ.L ) launched an early sale on cut-price winter 2020-21 flights, even as the airline industry heads into a deepening coronavirus crisis that threatens to ground most of the British low-cost carrier’s planes. Customers can book flights for 29.99 pounds ($35.87) one way to any discounted destination between Oct. 25 and Feb. 28, 2021, under the week-long offer, which opened on Wednesday. Airlines are facing a cash squeeze from collapsed forward bookings, as travel restrictions designed to hamper the spread of the virus bring many carriers to a near-halt and passengers seek refunds on cancelled flights. Many have waived change fees, and the move by easyJet adds more incentive for customers to rebook rather than cancel - as well as courting new long-term holiday reservations from European consumers increasingly under lockdown. The offer comes a day after Britain urged citizens to avoid non-essential Show less Read more
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