Easyjet makes the first loss in history

Easyjet tail fin (Photo: Pixabay).
Easyjet tail fin (Photo: Pixabay).

Easyjet makes the first loss in history

Easyjet tail fin (Photo: Pixabay).
Advertising

Easyjet has flown in the first annual loss in its company's history: The bottom line is a pre-tax deficit of almost 1,2 billion euros. In the previous year there was still a profit of almost 480 million euros on the balance sheet.

The corona pandemic is also severely affecting the low-cost airline. In the past financial year, the number of passengers fell by half to a good 48 million as a result of travel restrictions and the collapse in demand. The prospects for winter therefore remain bleak. Easyjet boss Johan Lundgren wants to offer a maximum of a fifth of the originally planned flight program in the current quarter. Most recently he had targeted a quarter. There is hope for a vaccine soon, said Lundgren.

Leave a Comment

Your e-mail address will not be published. Required fields are marked with * marked

This website uses Akismet to reduce spam. Learn more about how your comment data is processed.

Editor of this article:

Granit Pireci is an editor at Aviation.Direct and specializes in aviation in Southeast Europe. Before that he worked for AviationNetOnline (formerly Austrian Aviation Net).
[ssba buttons]

Nobody likes paywalls
- not even Aviation.Direct!

Information should be free for everyone, but good journalism costs a lot of money.

If you enjoyed this article, you can check Aviation.Direct voluntary for a cup of coffee Coffee trail (for them it's free to use).

In doing so, you support the journalistic work of our independent specialist portal for aviation, travel and tourism with a focus on the DA-CH region voluntarily without a paywall requirement.

If you did not like the article, we look forward to your constructive criticism and / or your suggestions for improvement, either directly to the editor or to the team at with this link or alternatively via the comments.

Your
Aviation.Direct team
paywalls
nobody likes!

About the editor

Granit Pireci is an editor at Aviation.Direct and specializes in aviation in Southeast Europe. Before that he worked for AviationNetOnline (formerly Austrian Aviation Net).
[ssba buttons]

Nobody likes paywalls
- not even Aviation.Direct!

Information should be free for everyone, but good journalism costs a lot of money.

If you enjoyed this article, you can check Aviation.Direct voluntary for a cup of coffee Coffee trail (for them it's free to use).

In doing so, you support the journalistic work of our independent specialist portal for aviation, travel and tourism with a focus on the DA-CH region voluntarily without a paywall requirement.

If you did not like the article, we look forward to your constructive criticism and / or your suggestions for improvement, either directly to the editor or to the team at with this link or alternatively via the comments.

Your
Aviation.Direct team
paywalls
nobody likes!

Leave a Comment

Your e-mail address will not be published. Required fields are marked with * marked

This website uses Akismet to reduce spam. Learn more about how your comment data is processed.

Advertising