EasyJet Records 50% Revenue Loss, Stock Jumps on Positive Vaccine News
In its full 2020 fiscal year, which ended in September, EasyJet reported £3 billion in revenue.
In its full 2020 fiscal year, which ended in September, EasyJet reported £3 billion in revenue.
As a result of the ongoing coronavirus pandemic, EasyJet has announced that it has grounded its entire fleet of more than 300 aircraft. EasyJet stock market has lost another 8% after the announcement amidst internal disagreements.
The coronavirus pandemic isn’t at all taking it easy on European markets as well as travel stocks. Both are seriously bleeding. People are panicking and waiting for signs of improvement.
Decentralized advertising network AdEx and travel media company Ink will continue blockchain-based auction for ad spaces on easyJet boarding passes.