The crown crisis is hitting airlines like Easyjet especially, and the outlook for the next few months is not optimistic either. Low-cost carrier Easyjet still wants to be flexible if demand increases.
Luton (dpa) – Unsurprisingly, the crown pandemic brought British low-cost carrier Easyjet its first annual loss in its history.
Prospects for winter remain bleak. Easyjet boss Johan Lundgren wants to offer a maximum of one fifth of the originally planned flight schedule in the current quarter. More recently, he had targeted a quarter.
The manager draws some hope from the positive news about a possible coronavirus vaccine. Easyjet will remain flexible to increase flight offers again when demand increases, the company announced Tuesday in Luton, near London.
In the last financial year until the end of September, the fall in air traffic as a result of the pandemic devastated the low-cost airline deeply. The end result was a loss of almost 1.1 billion pounds sterling (1.2 billion euros) after a gain of 349 million pounds the previous year. Easyjet published the first key data in October. Due to the pandemic, management is not in a position to make a profit forecast for the new financial year. Easyjet is trying to limit losses in the cold half of the year, he said.
In the last fiscal year, the number of passengers was cut in half to a good 48 million as a result of travel restrictions and collapsing demand. The second half of the financial year, which at Easyjet runs from April to September, was particularly affected. In the months of April to June, the fleet was practically inactive, and even after that, demand only recovered slightly before falling again in the wake of rising infection rates and new travel restrictions.