Omicron impacting EasyJet bookings
EasyJet has seen bookings soften already due to the uncertainty of the Omicron variant.
It has impacted near-term bookings with restrictions being imposed by countries.
It’s too early to tell how it will develop, says CEO Johan Lundgren.
"We need to see how things settle down," he said.
The airline posted pre-tax losses of £1.14bn for the financial year to 30 September.
This is up on the previous year loss of £835m.
It expects to be operating at about 70% of pre-pandemic levels by the second quarter.
"We are very conscious that shareholders of all airlines have had a rough ride during the Covid pandemic and we will be straining every sinew to create real shareholder bounce back in coming years and to take the company beyond its previous peaks of performance," said new Chair Stephen Hester.
"I’m convinced there is a bright future for easyJet and look forward to helping that be realised."
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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
ex SevernDec 01, 2021 11:30 AM
They may be conscious of their shareholders but they need to be a little more conscious of their passengers. They are cancelling flights left right and centre at the moment, often without even notifying the passenger. We have had to advise clients to check into their easyjet account daily to see whether their flight has been changed. This is not a one off - we've seen people shifted between flights 2 or 3 times and some left, in the end, with no viable alternative. The trust and respect in the brand is in freefall!
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