{"id":377490,"date":"2020-10-09T08:34:16","date_gmt":"2020-10-09T03:04:16","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=377490"},"modified":"2020-10-09T09:00:08","modified_gmt":"2020-10-09T03:30:08","slug":"easyjet-racks-up-first-ever-loss-after-covid-19-pandemic-slams-demand","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/easyjet-racks-up-first-ever-loss-after-covid-19-pandemic-slams-demand\/","title":{"rendered":"EasyJet racks up first ever loss after Covid-19 pandemic slams demand"},"content":{"rendered":"<p>EasyJet is set to record its first-ever annual loss and is reviewing ways to raise more funds after the pandemic wreaked havoc with the budget carrier\u2019s summer schedule. The UK firm lost as much as $1.1 billion in the year through September, according to a statement on Thursday. <\/p>\n<p>The airline has about \u00a32.3 billion in cash to survive an extensive slump and called on the state for further support. <\/p>\n<p>\u201cAviation continues to face the most severe threat in its history and the UK government urgently nee\u00adds to step up with a bespoke package of measures to ensure airlines are able to support economic recovery when it comes,\u201d EasyJet said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EasyJet is set to record its first-ever annual loss and is reviewing ways to raise more funds after the pandemic wreaked havoc with the budget carrier\u2019s summer schedule. The UK firm lost as much as $1.1 billion in the year through September, according to a statement on Thursday. The airline has about \u00a32.3 billion in cash to survive an extensive slump and called on the state for further support. \u201cAviation continues to face the most severe threat in its history and the UK government urgently nee\u00adds to step up with a bespoke package of measures to ensure airlines are able [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,167,130],"tags":[],"class_list":["post-377490","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-civil-aviation-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/377490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=377490"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/377490\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=377490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=377490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=377490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}