Business

EasyJet increases flights to cope with demand

As more and more people look for escaping on a holiday during the lockdown, EasyJet is adding up more flights to their operating schedule.

The increasingly high demand from holidaymakers came as a fortunate surprise for the airlines, who planned to operate only at 30% of its full capacity.

“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,” said EasyJets’s boss Johan Lundgren.

The bookings for the rest of the summer “are performing better than expected”. To fulfill the demand EasyJet has expanded its schedule over the July-to-September quarter to fly at around 40% of regular capacity.

This move helped the airline to gain 9% in early trading on Tuesday.

The company has launched a major restructuring programme to counteract the losses due to the pandemic.

It plans up to 4,500 job cuts and the restructuring includes closing bases at Stansted, Southend and Newcastle airports.

The airline has launched an employee consultation process on the staff reduction and base closing proposals.

The aviation was one of industries hit hardest by the Coronavirus.

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