Latvian carrier airBaltic has become the latest EU airline to offer a bundled holiday product, following similar pushes by UK LCC easyJet and British Airways (BA).
The European peak summer season of 2021 will be critical for airlines, airports and destinations across Europe, along with a huge range of businesses which rely on travel and tourism.
British LCC easyJet is currently only operating 39 of the more than 300 aircraft in its all-Airbus A320 family fleet, but the carrier’s executives believe it is poised to quickly react to pent-up demand if and when the COVID-19 crisis retreats later in 2021.
EasyJet CEO Johan Lundgren believes summer 2021 trading conditions will be better than summer 2020, based on the vaccine rollout and more reliable coronavirus data.
Five vacation destinations are being added to easyJet’s network from Birmingham Airport (BHX) this summer as the LCC banks on a rebound in leisure demand.
EasyJet CEO Johan Lundgren, who assumed his new role as Airlines for Europe (A4E) chairman on March 25, anticipates a challenging year ahead as Europe’s airlines attempt to revive their air links in the wake of COVID-19.
EasyJet said it would raise €1.2 billion ($1.5 billion) from a bond issue, in a sign of optimism about the prospects for a recovery of the air transport sector over the coming months.
British LCC easyJet said it had signed a new $1.87 billion five-year term loan facility as it takes more steps to bolster its finances as it looks to ride out the ongoing COVID-19 crisis.
UK LCC easyJet is rolling out a reduced schedule with the start of the latest English lockdown, while Aer Lingus has extended its flight suspension to England, Scotland and Wales until Jan. 8.
The UK Civil Aviation Authority (CAA) has denied claims by ULCC Ryanair that a sudden change in policy has forced the airline to stop operating on 12 UK domestic and international routes.