EasyJet sees Q3 bookings at 90% of pre-Covid levels as losses narrow

Budget airline easyJet said it expected third-quarter capacity to be 90% of pre-pandemic levels as it narrowed half-year loses.
The company on Thursday reported a pre-tax loss of ยฃ557m compared with ยฃ645m a year earlier. Revenue surged to ยฃ1.5bn from ยฃ240m as Covid restrictions were eased.

EasyJet forecast final-quarter capacity on sale to be 97% of 2019 levels, with load factors expected to more than 90%.

It also pulled further guidance for the current fiscal year “given the continued level of short-term uncertainty”.

“Customers are booking closer to departure and visibility remains limited,” the company said.

Related Articles

Sign up to the Wealth DFM Newsletter

Name

Trending Articles

Wealth DFM Talk is our flagship podcast, that fits perfectly into your busy life, bringing the latest insight, analysis, news and interviews to you, wherever you are.

Wealth DFM Talk Podcast – listen to the latest episode