Easyjet ready to take off! Egypt and Turkey in demand as tourists seek winter sun
A recovery in the airline industry “is on the way” as winter sun worshipers book flights to the Canary Islands, Egypt and Turkey, Easyjet said.
The no-frills airline said it expects to have lost between £ 1.135bn and £ 1.175bn in the 12 months to the end of September, the second year in a row that losses exceeded £ 1bn.
But in a recovering sign business, he plans to increase capacity to 70 percent of pre-Covid levels over the next three months as restrictions are eased and tourists book trips abroad.
Hot spots: The recent simplification of the rules and the reduction of the red list also led to a boom in demand that sent reservations to Egypt and Turkey soaring 400 percent
That’s a 58 percent increase in the last three months and just 17 percent between April and June.
Easyjet CEO Johan Lundgren said: “The recovery is clearly underway.
“ We have seen city breaks start to make a comeback along with a growing demand for leisure travel from customers seeking flights and vacations to popular winter sun destinations, including Egypt and Turkey. Bookings for the October semester have been solid, especially in the Canary Islands ”.
The company said that flights to the Canary Islands are now operating at 140 percent of 2019 levels.
The recent simplification of the rules and the reduction of the red list also led to a boom in demand that sent reservations to Egypt and Turkey soaring 400 percent.
The ‘banned’ red list was reduced last week from 54 countries to just seven and expensive PCR tests will be replaced by cheaper lateral flow tests.
But Lundgren said the rules were still “burdensome and expensive” and urged the government to go further and eliminate testing requirements entirely.
He said: ‘We had a 400 percent increase in Egypt and Turkey, so customers are eager to go and testing is a huge hurdle for them.
‘It is important to note that as of July 1, the rest of Europe removed all restrictions for double-vaccinated passengers and clearly that is what we would like to see happen in the UK.
“The new ads are a good step in the right direction. In Europe, travel has been allowed to grow and there has been no evidence that travel has [caused] any increase in the pandemic in those countries ”.
While intra-European flights were 83 percent full during the summer, international flights from the UK were only 63.2 percent, Easyjet said.
City breaks are also making a comeback and Easyjet has seen a surge in pent-up demand for ski trips in places like Geneva for the February semester.
The airline expects the momentum to continue and said total bookings for the next six months are double those for the same period last year.
The firm also said that losses in the past three months were half of what they were a year earlier.
But the shares fell slightly 3.5 percent, from 22.6 pence to 625.4 pence.