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EasyJet cuts more flights to try to manage disruption, sees cost hit

The UK discount carrier will now operate at around 87% of pre-Covid capacity in three months ending June 30, increasing to about 90% for its fiscal fourth quarter through September, a statement said

Photo: Bloomberg
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Photo: Bloomberg

Christopher Jasper and Marthe Fourcade | Bloomberg
EasyJet Plc said it will rein in summer capacity after London Gatwick and Amsterdam Schiphol airports, its two biggest bases, capped flights to help cope with a staffing shortage. The measure is set to push up costs.
 
The UK discount carrier will now operate at around 87% of pre-Covid capacity in the three months ending June 30, increasing to about 90% for its fiscal fourth quarter through September, according to a statement Monday.

The revised figures are down from 90% and 97% respectively, Bernstein analyst Alex Irving said in a note, adding that the company could suffer an earnings hit