EasyJet forecasts return to near pre-Covid flying levels in 2022. ‘Pent-up demand’ and end of Covid travel restrictions help carrier narrow losses
Low-cost airline says bookings ‘not affected’ by operational issues but winter season remains uncertain
LONDON (Reuters) -Low-cost carrier easyJet said it was "in the right place" to meet pent-up demand for summer flights, with bookings above pre-pandemic levels in the last 10 weeks and sold ticket yields for the fourth quarter 15% higher than in 2019. Chief Executive Johan Lundgren said easyJet was "absolutely focused" on strengthening its operational resilience for the summer after it had to cancel flights at Easter because of crew absences. Speaking after the British company reported a first-half loss of 545 million pounds ($675 million), in line with guidance, Lundgren said easyJet was managing the fastest post-pandemic ramp-up of any airline.