Losses at Irish airlines and EasyJet now top €3.6bn

Losses at Irish airlines and EasyJet now top €3.6bn

EasyJet has seen its losses widen sharply in its current financial year.

Total financial losses across Irish airlines Ryanair and Aer Lingus and British carrier EasyJet have now topped €3.6bn since the start of the Covid crisis, which has decimated the international travel market over the last 14 months.

EasyJet has posted a £701m (€813m) first-half loss for the six months to the end of March, with the continued havoc caused by Covid dragging revenues for the period down 90% to £240m.

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