Easyjet will run out of money by August if Airbus order goes ahead, says founder

Easyjet will run out of money by August if Airbus order goes ahead, says founder

The founder of easyJet, Stelios Haji-Ioannou, wants to cancel an order the company had placed to buy 107 Airbus plane. He warned that the airline will run out of cash by August if the $5.5 billion order is not cancelled. EasyJet, which flies predominantly in Europe, has grounded all 344 planes and like other airlines is struggling with the global lockdowns on business and travel.

Chris
Chris
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