Economy News

Easyjet aims 60% of pre-Covid levels for this summer


The increase in passengers and capacity expected by Easyjet is due to the lifting of many restrictions in recent months, as well as the progress of the vaccination campaign.


British airline Easyjet announced Tuesday that it will increase its transport capacity by 60% compared to its pre-pandemic level for the period from July to September, its fourth quarter.

A capacity of 4.5 million seats was recorded in the third quarter ended June, or 17% of its capacity in the third quarter of 2019, before the pandemic.

The expected increase in passengers and capacity is due to the lifting of many restrictions on international travel in recent months, as well as the progress of the vaccine campaign and a resurgence in Covid-19 cases.

In the three months ended June, the company had a turnover of 212.9 million pounds, a significant increase compared to the same period last year (7.6 million).

The third quarter of last year was marked by the first lockdown in the United Kingdom and in many other countries, resulting in the collapse of air traffic, Easyjet recalling that its fleet had been grounded for all but two weeks.

CEO Johan Lundgren says the company will emerge from the pandemic “with long-term gains,” pointing to significant cost reductions and the use of its network to adjust its flight offerings where demand is greatest in Europe.

While the road to recovery will be winding, the carrier is “transformed and ready for the post-pandemic era,” he adds.

As a result of still largely depressed air traffic, Easyjet, which had been cautious about a summer air traffic recovery in recent months, widened its net loss in the first half of its 2020/21 financial year from 324 million pounds to 549 million pounds.

For MetaNews.


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