Easyjet to Operate More Flights to Europe Until December, After $1.5 Billion Financial Loss

The British airline easyJet plans to operate more flights in European countries between now and December, after suffering more than 1 billion pound financial loss due to the Coronavirus pandemic situation.

Such an announcement has been made by the airline, while it stressed that it aspires to fly 70 per cent of its pre-pandemic levels during the final quarter of this year, reports.

According to the airline, destinations such as the Canary Islands, Turkey, and Egypt were very popular, while easyJet’s chief executive, Johan Lundgren, has stressed that the capacity would continue to increase over 2022.

 “It is clear recovery is underway,” Lundgren pointed out in this regard.

Due to the current Coronavirus situation, the airline suffered between 1.135 billion pounds ($1.54 billion) and a total of 1.175 billion pounds for the 12 months to the end of September.

However, Lundgren also stressed that “while M&A was something that all chief executives look at, easyJet was focused on organic growth.”

 “On a standalone basis, we’ve been very confident about where we are,” he pointed out, as reported by Reuters.

The company that operates in nearly 156 airports across 33 European countries, many of them in Europe, has also announced that it plans the airline to benefit from strategic investment and growth opportunities.

As several countries started to ease their entry bans imposed in order to halt the spread of the Coronavirus, there was marked an increase in the number of passengers during September. previously reported that Ryanair Holdings PLC and Wizz Air Holdings PLC registered an increase in passengers’ numbers during September.

According to the report, the airline flew a total of 10.6 million passengers during last month. Such data show that the numbers more than doubled compared to the same period in the previous year when air traffic was 5.2 million.

Even amid the pandemic, some airlines managed to continue their work successfully.

 “The COVID-19 pandemic impacted the aviation industry hard, erasing two decades of global passenger traffic growth in only a couple of months. Although financial support for the entire industry has been provided, airlines are on the brink of bankruptcy, while some have already ceased operations,” a statement published previously by Statista noted.

Based on the same source, the following airlines also marked a notable increase in passengers number during September; Ryanair, EasyJet, Lufthansa Group, Air France-KLM, IAG, Aeroflot Group, Turkish Airlines, Wizz Air, Turkish Pegasus Airlines, S7 Airlines.

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