Britain’s largest finances airline misplaced £3.5 million per day between April and June 2021, with passenger numbers means beneath pre-pandemic ranges.
However in its buying and selling replace for the third quarter of its monetary yr, easyJet mentioned the £318m headline loss earlier than tax – representing £40 per second – was in step with expectations.
The provider says it has “maintained its disciplined strategy to capability and money administration”. Internet debt is broadly flat at round £2bn.
Passenger numbers had been beneath 3 million, with solely 66 per cent of seats crammed – in contrast with round 93 per cent earlier than the pandemic.
Even in its busiest month of June, capability was solely one-sixth of 2019 ranges.
Waiting for the height summer season months of July, August and September, easyJet says it’ll fly as much as 60 per cent of pre-pandemic visitors.
Johan Lundgren, chief government of easyJet, mentioned: “We now have used our current strengths like our community with renewed goal – pivoting capability to Europe the place we noticed the strongest demand.”
He informed BBC In the present day that two-thirds of income was from Continental Europe, in contrast with 50 per cent earlier than the pandemic.
“The UK has had among the hardest journey restrictions,” he mentioned.
“We all know individuals wish to fly, we all know they wish to journey. It’s all in regards to the unwinding of restrictions.”
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