Tag Archives: easyjet

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.EasyJet plc (LON: EZJ), a British low-cost airline group that is headquartered at London Luton Airport, has today announced that it will ground its entire fleet of more than 300 aircraft. The airline is responding to the ongoing travel restriction caused by the...

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.The coronavirus outbreak has gotten increasingly worse since the first cases last year. Because of the situation, governments all over the world have begun imposing different lockdown levels to curb the spread of the highly contagious disease. With a large number of Europeans currently confirmed with COVID-19,...