UK Airline EasyJet has stated that the industry “urgently” needs help as it reports a full loss for the first time in its history. They have reported that they expect to report a group headline loss before tax of between £815m to £845m for 2020.
According to BDaily News, EasyJet reported that it has seen a 50% reduction in passenger numbers for the entire year, driven by the impact of Covid-19.
Johan Lundgren, CEO of easyJet, said: “At the beginning of this year, no one could have imagined the impact the pandemic has had on the industry…. Aviation continues to face the most severe threat in its history and the UK Government urgently needs to step up with a bespoke package of measures to ensure airlines are able to support economic recovery when it comes.”
According to The Guardian, EasyJet said it carried around 9 million passengers between July and September of this year which is equivalent to 38% of capacity planned before the pandemic. It states it burned through almost £700m in cash during that period.
It seems that even though airlines are now allowed to operate again, all be it to limited destinations, the public are nervous to continue travelling like they may have done before the pandemic.
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