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EasyJet reports worst results in its history

EasyJet reports worst results in its history

Airliner EasyJet has reported its first annual loss in its 25-year history as the coronavirus crisis continues to affect the industry. The airline posted a loss of £1.27B for the year to 30 Sept. as revenues more than halved. EasyJet added that it expected to fly at just 20% of normal capacity into next year. The airline has been making use of UK government support, borrowing £600M in April.

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