easyJet "hanging by a thread"? No, but the last thing any airline needs right now is a rumour about its finances.
(For the record, I am confidently booking flights on easyJet, Ryanair, British Airways, Jet2, Loganair, etc.)
https://t.co/LEff4hDnDA
If BA or easyJet cancel your flight you are due a full refund within a week
But both airlines have removed the website refund option, to try to get passengers to accept a voucher instead
To get actual money back you must phone the airline within a year from the date of the flight