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News flash: travel troubles

05/06/2020 · easyJet (EZJ)  · Ryanair (RYA) 
Coronavirus Travel UK

Last week my family and I went on holiday, in our house. Every morning we rushed downstairs with towels to reserve the best sunbathing spot in the garden. In the evening, we dressed up to play cards, before eating beans in tomato jus on a pomme de terre, by candlelight.

Our feeble attempt reflects a deep and painful longing for a holiday that exists throughout the country. And yet, however bitter we may feel about cancelled Easter breaks, however desirable the escape from intense working environments or intense furlough boredom, the offer to fly anywhere in Europe for less than £30 might still not be enough to rescue EasyJet’s (LON: EZJ) share price. In what could be perceived as a bid to avoid relegation from the FTSE 100, the company recently announced hopes to resume 75% of flights by the end of August. Faced with testing government regulations, EasyJet is doing…

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