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Raising Capital

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Originally published 1984
AuthorsDavid E. Vance
Date of Reg.
Date of Upd.
ID2023093
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About Raising Capital


Most small businesses cite lack of capital is a major constraint on growth. Raising Capital focuses on non-bank sources of capital since banks only lend to companies that fit a very narrow profile. . . .

Coronavirus: EasyJet's entire fleet of aircraft due to virus

Apr 18,2020 6:05 pm

EasyJet has grounded your whole fleet of aircraft and said it can not give a date for when they will restart.

The budget Airline said it had imposed on the movement due to the "unprecedented travel restrictions", the governments around The World due to the viral pandemic.

It had already been cancelled, most of the services but the rescue flights were carried out to repatriate Britons stranded abroad.

"We will continue to work with government agencies for more rescue flights as required," she said.

EasyJet flew 650 rescue flights take So Far , 45,000 people at home.

The Move came as regional Airline Loganair said Airlines were unlikely to survive without a government rescue package.

The pandemic had a severe impact on the Airlines , Loganair chief Jonathan Hinkle's The Bbc 's Tom Burridge said.

He Said that any Airline , saying it could survive without government help "would probably be lying".

'difficult time'

EasyJet said that the Cabin Crew would be furloughed, the employee is paid 80% of your wage from 1. April by the government, the job retention System.

The Airline 's CEO, Johan Lundgren , said that he "has worked tirelessly" to ensure that the Airline is positioned as "well to The Challenges of the coronavirus".

"I Am extremely proud of The Way in which people across EasyJet have their absolute best at such a difficult time," he added.

EasyJet, which is headquartered in London Luton, and it has 331 aircraft. In normal times, it 159 airports and 1,051 routes.

Mr. Lundgren said, the Airline had operated its last rescue flight on Sunday, March 29, but would have requested to continue for a further rescue flights "as is".

What if you booked flights with EasyJet is?

cancelled, If your flight was, you are entitled to a full refund to the original form of payment within Seven Days under the EU air passenger rights rules.

But getting your cash can prove difficult, as the Airline has removed together with British Airways , the usual option, where passengers are sent a link that took you to the booking, and you could claim Your Money , online within seconds.

Instead, a lot of Airlines , instead of trying to persuade you to take passengers, coupons. To get

Your Money back, you need to phone the Airline .

EasyJet told The Bbc : "customers on the cancellation of flights, the transfer to another flight free of charge or you will receive a voucher with the value of your online booking or a refund through our contact Center.

"We Are experiencing longer than average wait times, so we flew in to thank the customer for their patience and assure them that these permissions will be available Long After your flight has been cancelled. "

the majority of the due to travel restrictions imposed by the spread of the Corona Virus, are expected by many Airlines , to survive, to try and help from the state.

Virgin Atlantic has already indicated that it and other Airlines are expected to follow suit.

The government has said it will only step is to fight the Airlines on a case-to-case basis.

But the industry group The International Air Transport Association (IATA) has warned of an "Apocalypse" in the air travel as it is urged to help governments around The World .

Easyjet said on Monday, the rescue would have to.

"We have no plans, currently, to ask the government for tailor-made support, such as from the Chancellor," she said.

But, he added: "To support the Regeneration in The Future , we believe that further measures will be needed, such as a temporary removal of air passenger duty and Air Traffic control fees. "

What I need to know about the coronavirus?'We must Fly ,'

Loganair Mr. Hinkle's is warned that the connection of remote Scottish Islands and rural communities across the UK "cannot be maintained without air-services", argues that government support for its Airline was "essential".

Loganair operates routes to Britain's most remote airports, such as Barra in the Outer Hebrides and the transport of passengers, mail, and life is still necessary goods, such as pharmaceuticals, about 15 island airports.

However, the Scottish Airline , had to ground half of its fleet and dramatically slash its flying time. This has its entire operation in danger.

"We can't just run down," Mr. Hinkle's said. "Morally, we have to Fly . "

Loganair operates routes to Britain's most remote airports

defy All Airlines have called for further measures in support of the government, The Storm .

The industry group Airlines in UK, and The Airport Operators Association have to cover the air navigation charges and payments to the Civil aviation authority by The End of this year.

Airlines also want to Fund a six-month suspension of the Air Passenger Duty tax, which brings in £3 billion each year in the state.

A spokesman for The Department for Transport said that the aviation industry is "important for the British economy".

she added: "We Are ready to examine The Situation of the individual company, so long as all other government systems have been explored and all commercial opportunities are exhausted, including the procurement of capital from the existing investors. "

in the Meantime, there is still a fair amount of traffic to and from London Heathrow Airport .

This is because the amount of goods handled via Heathrow has doubled in the last few days as a way of life that are important deliveries to be moved around the globe, including medical devices, The Airport , The Bbc said.



rishi sunak, civil aviation authority, coronavirus pandemic, easyjet, air travel, loganair, flybe

Source of news: bbc.com

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