Emergency measures implemented on back of significant drop in demand

EasyJet and the owner of British Airways have reported significant drops in demand because of the coronavirus outbreak and announced emergency measures, including cancelling flights, changing the size of planes used on routes and freezing pay.

The virus has hit ticket sales around the world, wiping tens of billions of dollars off industry revenues, with Asia and Europe particularly affected. EasyJet said on Friday it is cancelling hundreds of flights and imposing a pay freeze as part of a number of emergency cost-cutting measures.

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Source: Gaurdian

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