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10 AUGUST 2020

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Article from BTNews 10 AUGUST 2020

EasyJet recovering.

Luton-based easyJet is adding more flights to cope with increasing demand from holidaymakers according to a LSE trading statement published last week.

The airline had expected to operate at just 30% of its normal capacity, but is expanding its schedule to 40% as more people look to escape lockdown.

It restarted flying in June and carried over two million passengers in July.

"Returning to the skies again allows us to do what we do best and take our customers on much-needed holidays," said Chief Executive Johan Lundgren.

"I am really encouraged that we have seen higher than expected levels of demand with load factor of 84% in July with destinations like Faro and Nice remaining popular with customers."

He said bookings for the remainder of the summer "are performing better than expected" and as a result, it has expanded its schedule over the July-to-September quarter to fly at around 40% of normal capacity.

"This increased flying will allow us to connect even more customers to family or friends and to take the breaks they have worked hard for," he said.

EasyJet took the opportunity of emphasising the requirement for government action on the temporary removal of Air Passenger Duty (APD) to support the recovery of UK aviation.

“Action is needed across Europe to retain connectivity and a viable airline infrastructure. Without this we risk long-term damage to the recovery. This would significantly quicken the reintroduction and growth of the number of flights and routes available in the UK, particularly outside London.”

http://corporate.easyjet.com/investors

www.easyjet.com

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