Easyjet airline announced today that it is leaving its entire fleet of planes ashore, until further notice, due to the collapse in demand due to the Covid-19 pandemic.
In a statement, Luton airline, based in London, explains that the measure "eliminates a significant cost" and indicates that it will receive help from the government to keep its workers.
Easyjet says it maintains “a solid balance sheet” and is “in talks with liquidity providers” to reinforce its continuity once the crisis caused by the spread of the virus is overcome.
The company explains that it has reached an agreement with the unions to apply the government's job-maintenance program and pay 80% of the salary to the cabin crew as of Wednesday, for two months.
The airline adds that the decision to ground all of its aircraft is due to “unprecedented travel restrictions imposed by the Government” and the “national confinement” decided by many countries to combat the covid-19 pandemic.
He also recalls that, in the last few days, he collaborated with the repatriation work and operated “more than 650 rescue flights” to send “more than 45.000 customers” home, which he will continue to do if the authorities so request.
Easyjet states that "at this time, there is no certainty of the date when commercial flights can resume" and says it will assess the situation based on "regulation and demand"
Virgin Atlantic and Irish company Ryanair already have most of their aircraft on the ground and the IAG group, which owns Iberia, British Airways, Aer Lingus, Level and Vueling, has reduced its capacity by 75%.
Virgin Atlantic has already announced that it wants to use British government funds - and other airlines should also do so - although the conservative executive maintains that a state bailout in the sector should be the last resort and that companies should try to raise capital from others. sources, such as its own shareholders.
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