As the federal government contemplates including extra international locations to its “no-go” listing, easyJet has introduced its first-ever full-year loss.
Britain’s largest price range airline additionally stated it plans to function solely 1 / 4 of its schedule within the subsequent few months, signalling the depth of the disaster – and concern about authorities restrictions.
Johan Lundgren, the chief govt of easyJet, stated: “This yr would be the first time in its historical past that easyJet has ever made a full yr loss.
“Aviation continues to face probably the most extreme risk in its historical past and the UK authorities urgently must step up with a bespoke package deal of measures to make sure airways are in a position to help financial restoration when it comes.
“Originally of this yr, nobody may have imagined the influence the pandemic has had on the business.
“All through we’ve taken a really prudent and conservative method to capability.”
“Primarily based on present journey restrictions we anticipate to fly about 25 per cent deliberate capability for Q1 2021, however we retain the flexibleness to ramp up capability shortly once we see demand return.”
This compares with 38 per cent for the summer time months of July, August and September.
Mr Lundgren stated early reserving ranges for summer time 2021 are according to earlier years.
Since easyJet began flying 25 years in the past, it has been persistently worthwhile. However passenger numbers for the monetary yr ending 30 September 2020 halved to 48 million.
The airline has raised over £2.4bn in money because the starting of the Covid-19 pandemic to help the operation – and says it’s “effectively positioned to climate the continued difficult atmosphere and capitalise on a restoration, as soon as authorities journey restrictions are eased”.