EasyJet: Cancellations and delays at airports cost it $160m in the quarter

British low-cost airline EasyJet said delays and cancellations caused by staff shortages at airports and in the air cost it 133 million pounds ($160.3 million) in the quarter to June, but added that activities had improved in July.

“We have taken steps to build the additional resilience needed this summer and the operation is now back to normal,” chief executive Johan Lundgren said, as the group reported a pre-tax loss of £144m for the quarter.

EasyJet cut its summer schedule last month, partly to comply with caps imposed by London (Gatwick) and Amsterdam (Schiphol) airports to stabilize operations and limit passenger disruption.

Despite the problems, it said it had run 95% of its planned route in the quarter, carrying 22 million passengers.

He also emphasized that in July, August, September it has reservations that reach 71% of its capacity, with the loading index slightly above 2019.

Source: Capital

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