EasyJet eyes growth and acquisitions as Covid bounce back gathers pace

EasyJet has been held back by a slower reopening of UK travel amid constantly changing travel curbs, even as rivals Ryanair and Wizz Air rapidly added on capacity

EasyJet chief executive Johan Lundgren said the airline has seen a surge in bookings as the UK further loosens its overseas travel restrictions.

EasyJet has said it will boost capacity to about 70% of 2019 levels this quarter, as the easing of travel restrictions in the UK triggers a surge in bookings.

The airline generated positive cash flow in the peak summer months and losses halved compared with a year earlier, it said.