easyJet anticipates release of pent up travel demand; sees significant capacity hole at primary airports due to legacy carrier scale back

    easyJet announced (28-Jan-2021) it is anticipating release of pent up demand for travel. Research by easyJet conducted among 5000 European consumers between 08-Jan-2021 and 20-Jan-2021 showed that 65% have or plan to make a travel booking in 2021, with existing easyJet customers more likely to travel rising to almost three quarters planning a trip in 2021. easyJet stated its network of primary airports and trusted brand, the carrier is uniquely placed to take advantage of the material reduction in competitor capacity at key bases. easyJet also stated significant capacity is leaving primary airports around Europe as legacy carriers scale back their short haul operations. Competition at bases including Paris, Milan, London Gatwick and Geneva is expected to be very much diminished, with competitors’ aircraft being retired. easyJet stated it is uniquely positioned to strengthen its positions at the four airports, where it has high head-to-head overlap and generates best returns due to scale. Legacy carriers operated 71 million seats on easyJet routes in FY2019. [more – original PR]

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