First annual loss since 1995: Corona pushes Easyjet deep into the red

The airline Easyjet has been hard hit by the corona crisis. For the first time in the company's history, the airline has even posted an annual loss. And the forecast for the coming months does not look better either.

The British airline Easyjet, which was hard hit by the Corona crisis, has to post an annual loss for the first time in the company's history. It will be before taxes at 815 to 845 million pounds (930 million euros), said Easyjet. The airline was founded in 1995.

The number of passengers fell in the fiscal year ended September by 50 percent to 48 million, as Easyjet announced. Like other airlines, the airline had to cease operations entirely in the spring due to the corona-related restrictions. She decommissioned her fleet on March 30th.

Easyjet has been flying again since June 15, but with a greatly reduced flight schedule. Even in the months of October to December, the capacity will only reach about 25 percent of the pre-crisis level, said Easyjet on Thursday. The company has already cut 4,500 jobs, almost a third of the workforce.

. (tagsToTranslate) Economy (t) Easyjet (t) Aircraft (t) Travel (t) Corona crisis (t) Coronavirus (t) Covid-19