May 13 (Reuters) - Apollo Tourism & Leisure Ltd ATL.AX :
* PLANNING FOR DOMESTIC ONLY RENTAL OFFERING IN ALL MARKETS AND A MODEST RECOVERY IN RETAIL SALES
* CONTINUING TO REVIEW A RANGE OF ADDITIONAL LIQUIDITY MEASURES
* SENIOR EXECUTIVES & BOARD MEMBERS TAKEN 30% SALARY & FEE REDUCTION FOR REMAINDER OF FY20
* DECIDED TO PUT ITS USA OPERATIONS INTO HIBERNATION UNTIL SUMMER 2021
* ALL POTENTIAL BONUSES FOR EMPLOYEES FOR FY20 CANCELLED
* WILL SEE A 70% DECREASE IN PREVIOUSLY PLANNED EMPLOYMENT COSTS OVER SIX MONTHS
* CLOSED MANUFACTURING FACILITY IN NEW ZEALAND
* TOTAL BOOK LOSSES ON USA FLEET SALES FOR FY20 EXPECTED TO BE IN RANGE OF A$12 MILLION TO A$12.5 MILLION
* CASH BALANCES MOVED FROM A$17.3 MILLION AS DEC-END 2019, TO A$12.4 MILLION AT MAY 12
* AUSTRALIAN MANUFACTURING FACILITY CONTINUES TO OPERATE BUT ON SUBSTANTIALLY SCALED DOWN BASIS