Jet2 has reported a pre-tax lack of £206 million for the half-year ended September 30th.
This can be a vital improve on losses of £119 million recorded for a similar interval final 12 months, on the peak of the Covid-19 pandemic.
Income did, nevertheless, improve 43 per cent to £430 million throughout the six-month window.
Though seat capability for the interval elevated by 86 per cent to 2.68 million, common load issue fell to 57 per cent.
The operator discovered it more durable to fill planes to ‘amber’ locations, primarily standard high-volume leisure locations.
Prospects remained anxious such locations might shortly be modified to ‘pink,’ that means enforced quarantine on return to the UK, Jet2 stated.
Philip Meeson, government chairman of Jet2, stated: “Though first half losses are higher than final 12 months, given the restricted variety of Inexperienced locations operated all through the interval and the delicate client confidence surrounding amber locations, we’ve been glad with the constructive monetary contribution achieved, supported by our fast to market, versatile working mannequin.”
He added: “The dissolution of the inexperienced and amber lists from October was significantly heartening, as have been the modifications to the UK authorities’s testing necessities for passengers returning to the UK.
“As a consequence, ahead bookings for winter 21/22 have been markedly stronger and common load components a lot improved.
“At current, on the idea of a continued unhindered flying programme, we anticipate seat capability for winter 21/22 might be roughly 11 per cent lower than winter 19/20.”
