British budget carrier EasyJet has unexpectedly expanded its flight schedule for the summer schedule. This news comes as easyJet has witnessed the demand for flights much better than it expected earlier.
An EasyJet Airbus A319 at Hamburg. Photo by Max Sutter | AeroNewsX
The airline will be flying 40% of its pre-COVID capacity from now until September, much better than what the airline and analysts expected. This news caused easyJet’s share price to skyrocket over 8% higher on Tuesday, August 4th, 2020.
CEO Johan Lundgren said that holiday travelers are looking at beach destinations like Croatia, Turkey, and Greece as well as Portugal. He added that the demand for Portugal has increased exponentially despite a quarantine requirement of the country.
EasyJet operated only 709 flights in 2Q 2020, whereas it operated 165,656 flights during the same time last year. They also carried only 117,000 passengers as compared to 26 million last year.
In other news, EasyJet has recently also come under the radar of the Civil Aviation Authority along with several other carriers for late refunds of the canceled ticket costs. The airline is currently trying to process all refunds within 28 days but has also sympathized with the customers’ aggression for the delay. The airline has dealt with about 260,000 cancellations in the second quarter of 2020.
“We are working day and night to get that [the 28 days] down even further,”
EasyJet will be operating more than 200aircraft by the end of the month.
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