EasyJet to make drastic cuts: 4,500 jobs at risk

This concerns employment across companies that employ a total of around 15,000 people. During reorganization a maximum of 30 percent of the workforce will become victims, which amounts to 4,500 jobs. In the Netherlands, EasyJet has around 300 jobs. It is not yet known how much will be removed.

Slowly it started flying again

EasyJet currently does not fly at all. From June 15, the company will resume its core business with a simplified flight schedule, mainly domestic flights in the UK and France.

The company does see a bright spot as the number of bookings for this year increased slightly, but the company estimates that ticket demand will not return to pre-crisis levels until 2023.

Fewer planes

Because the number of flights is much lower than expected, the company will fly a smaller fleet in the coming years than planned. By the end of 2021, the fleet will consist of a maximum of 302 aircraft, 51 fewer than planned.

The company is putting pressure on airports and ground officials to revise contracts and reduce costs. Additionally, time-dependent maintenance expenditures have been postponed as fewer flights are flown. Sales and marketing costs were also cut. The company previously raised the necessary capital, including through loans and completed revolving credit facilities.

There is no food on board

Given the ongoing uncertainty, at this stage EasyJet is unable to provide a financial forecast for the remainder of the financial year.

When EasyJet flights resume, measures will be taken on board to ensure the health and wellbeing of passengers and crew. For example, passengers, cabin crew and ground staff must wear masks. Additionally, the plane was cleaned very well and disinfectant wipes and disinfectants were available on board. Initially, no food would be served on board.

Maxwell Quinn

"Incurable alcohol fan. Proud web practitioner. Wannabe gamer. Music buff. Explorer."

Leave a Reply

Your email address will not be published. Required fields are marked *