EasyJet on brink: Airline releases devastating pre-tax losses of £1.1billion

Reflecting this EasyJet is now looking to expansion with slot increases at Gatwick as well as Linate, Lisbon and Porto ahead of summer 2022.

EasyJet Chief Executive Johan Lundgren said: “EasyJet is moving through the pandemic with renewed strength having transformed the business by optimising our network and flexibility, delivering significant cost savings while also step-changing ancillary revenue.

“These initiatives alongside our strong, investment grade, balance sheet provide easyJet with renewed strength to manage any further Covid related travel disruptions, as well as a platform to fast track our growth and deliver strong shareholder returns.”

EasyJet say bookings have already begun to improve as travel regulations stabilised in the second half of this year.

However it is as yet unknown what impact the spread of the Omicron variant might have.


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