Bloomberg EasyJet Plc deferred the delivery of 24 Airbus SE A320-family jets that were due to arrive over the next three years as the carrier moves to protect cash amid the coronavirus pandemic. The handovers will be postponed to an undetermined date, the British low-cost airline said in a statement. The moves will significantly reduce the low-cost airline’s capital expenses …

Bloomberg As Covid-19 cases began exploding last month, Quinton Martins thought he was doing the prudent thing by canceling a flight to Mexico for a planned vacation with his wife and daughter. But the Northern California man didn’t realise that by doing so he gave up the right to a refund from Alaska Air — even though taking the trip …

Bloomberg British Airways (BA) has become the first major European carrier to lose its investment grade status amid the Covid-19 pandemic after Fitch cut its credit rating one notch. The flagship British company is unlikely to recover its end-2019 capacity level until 2023, according to Fitch’s baseline forecast. The ratings agency also put the company on negative outlook, reflecting the …