Amid the novel coronavirus (COVID-19) outbreak, Wizzair and Ryanair have the best liquidity balances as a share of revenue in their fiscal year of 2019, at 48 and 47 percent. On the other side, Norwegian has only seven percent of its revenue in cash and cash equivalent.
European airlines with best liquidity as a share of 2019 revenue*
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CAPA. (March 18, 2020). European airlines with best liquidity as a share of 2019 revenue* [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1104441/liquidity-airline-groups-europe-covid19/
CAPA. "European airlines with best liquidity as a share of 2019 revenue*." Chart. March 18, 2020. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1104441/liquidity-airline-groups-europe-covid19/
CAPA. (2020). European airlines with best liquidity as a share of 2019 revenue*. Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1104441/liquidity-airline-groups-europe-covid19/
CAPA. "European Airlines with Best Liquidity as a Share of 2019 Revenue*." Statista, Statista Inc., 18 Mar 2020, https://www.statista.com/statistics/1104441/liquidity-airline-groups-europe-covid19/
CAPA, European airlines with best liquidity as a share of 2019 revenue* Statista, https://www.statista.com/statistics/1104441/liquidity-airline-groups-europe-covid19/ (last visited October 31, 2024)
European airlines with best liquidity as a share of 2019 revenue* [Graph], CAPA, March 18, 2020. [Online]. Available: https://www.statista.com/statistics/1104441/liquidity-airline-groups-europe-covid19/