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The chief executive of easyJet has warned that other airlines are likely to fail, following the collapse of Primera Air.
Speaking at the Abta Convention, Johan Lundgren said: “A lot of weaker players are in a more difficult situation because of the high price of oil. We are going to see more failures.”
He told The Independent newspaper, “If you are exposed to fuel [price increases] because you haven’t hedged, and you don’t have resilience, if you don’t have a product and a service that people will pay a small premium for, then you should be worried.”
He also voiced post-Brexit optimism, saying he believed deals would be in place for flight routes before the UK leaves the EU next year.
“Everybody wants connectivity,” he said. “There will be a bare-bones agreement with basic connectivity between the UK and Europe.
“It would be inconceivable for politicians to put people in the situation where people can’t go on holiday or on business trips.”
Nice Côte d’Azur is set to reopen flights to nine European cities in June as the airport initiates a progressive resumption of flights within the week.
EasyJet has begun offering flights between the UK and Nice from 15th June, starting with a tentative schedule of three flights a week to Gatwick only, ahead of a more normal schedule in July.
The founder of A&K speaks about the race to bring home travellers when Covid-19 hit, what people should be considering in future adventures, and why 2021 will be the year of the bucket list.
France will reciprocate the UK’s two-week quarantine when it starts on 8th June, however it will be on a voluntary basis.