easyJet cuts losses thanks to end of UK veto | Airlines news

EasyJet said its losses were dwindling and advance bookings were gaining momentum after the UK government lifted most travel restrictions on vaccinated passengers.

The airline expects pre-tax losses of between 1.135 million and 1.175 million pounds for this year, according to data up to September 30.

Low cost reported that capacity in the fourth quarter was 58 percent in fiscal 2019, and that domestic roads within Europe and the United Kingdom performed better than international roads from the United Kingdom, which continued to be affected. BTN Europe.

After reducing its red list and testing requirements for fully vaccinated passengers, easyJet said it expects strong bookings going forward, with first-quarter capacity expected to reach 70 percent of 2019 levels. The airline added 100,000 seats for the first quarter of next year.

EasyJet CEO Johan Lundgren has attributed much of the airline’s success to the re-emergence of business flights. Clearly, recovery is underway. Business travel is back at easyJet with businesses and SMEs attracted by our value, network and approach to sustainability.”

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