Jet2 PLC (LON:JET2) said it expects winter seat capacity to halve compared to last year after slumping to an interim loss.
Forward bookings continue to have a much shorter lead time than usual, the company said.
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Seat capacity for summer 2021 is close to summer 2019 levels and the travel agent said it is on sale to all its popular Real Package Holidays leisure destinations, though it remains cautious despite the recent positive vaccine news.
In the six months to September 30, revenue plummeted 88% to £299mln while last year’s £337mln profit before tax turned into a £119mln loss as the AIM-listed company had to cancel flights and holidays due to the pandemic.
The airline owner scrapped the dividend to save cash, having £652mln in cash excluding customer deposits.
Shares dipped 1% to 1,365.92p on Thursday morning.
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