Positioned to Win Key Highlights in 2020 - Accounting and Finance Assignment Help

Assignment Task:

Task:

easyJet plc
Positioned to win
Key Highlights in 2020

Raised £3.1bn in liquidity since April 2020 Year end liquidity position increased by c.£900m compared to end March 2020 Retain ownership of 55% of our fleet with 37% unencumbered Launched the largest Cost Efficiency Programme in easyJet’s history Step change cost base to more seasonal profile Better than expected cash burn performance Maintained leading network with number 1/2 positions in 55 primary airports A sector leading unit revenue performance in Q4 Grew market share position in our bases and our top 20 leisure destinations Maintained loyalty - 80% of seats booked by returning customers (+2% vs FY19) +14% improvement in FY20 Q4 CSAT High levels of trust vs other LCCs in the market The Chief Executive of easyJet, Johan Lundgren, stated ‘Our robust business model makes it easy, affordable, and sustainable for our customers to travel, which drives growth and returns for our shareholders’.
The 2020 financial year has been unprecedented with COVID-19 posing the most significant threat to the aviation industry in its history.
EasyJet has made significant borrowings and financing arrangements via Sale and leaseback transactions during the year ended 30 September 2020. They raised £3.1 billion since the beginning of Cocid-19 from a diversified range of funding sources.

EasyJet has a strong capital base, with a market capitalisation of £2.3 billion and a net debt position of £1,125 million at 30 September 2020., easy Jet’s credit ratings are amongst the strongest in the world for an airline. Sustainability is becoming more of a focus in the aviation industry, some airlines have introduced ultra-long-term targets for reducing emissions, and others have suggested that their customers offset their carbon emissions.

This Accounting and Finance Assignment has been solved by our Accounting and Finance Experts at My Uni Paper. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style.

Be it a used or new solution, the quality of the work submitted by our assignment Experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.