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*
Characteristic
Liquidity as share of revenue
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CAPA. (March 18, 2020). European airlines with best liquidity as a share of 2019 revenue* [Graph]. In Statista. Retrieved July 22, 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 July 22, 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: July 22, 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 July 22, 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/