EasyJet : Bookings holding up better than expected in Q4
>Continued focus on cash burn but headline loss extended - EasyJet just released a good trading statement for the quarter ending 30 June. While total group revenue for the quarter was £ 7m, total headline costs were £ 332.1m (-79% vs Q3 2019). As a result, operational cost cash burn during the quarter was lower than the previously guided £ 301e40m per week with a total cash burn for Q3 of £ 774m compared to the previously guided £ 1bn (easyJet has launched a major res...EasyJet and its subsidiaries are a low-cost airline carrier operating principally in Europe. Co. operates in the European short-haul aviation market. As of Sept 30 2017, Co. operated 862 routes. Co.'s total fleet as at Sept 30 2017, comprised 279 aircraft, split between 156-seat Airbus A319s, 180-seat A320s, 186-seat A320s and 186-seat A320neos. Co.'s main markets are the U.K., France, Italy, Switzerland, Germany, Netherlands, Portugal and Spain.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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