Jet2 welcomes easing of travel restrictions for double-vaccinated following £374m loss
Package holiday firm and airline Jet2 has welcomed plans to relax travel restrictions for those who are double vaccinated after a “challenging” year.
The firm, which saw its passenger numbers decrease by 91 per cent during the pandemic, has reported losses of £373.8m in the year ending March 31 2021.
The loss, compared with profits of £264.2m for the previous period, was impacted by travel restrictions which grounded the firm’s aircraft for around 29 weeks of the financial year.
In a statement this morning, the firm commented: “Though the continuing successful rollout of vaccines in the UK and the momentum in Europe are encouraging, the first three months of the new financial year have seen little change in the significant challenges facing the Leisure Travel industry.
“The Government’s Global Travel Task Force report in early April was disappointing as it lacked depth and detail, whilst the subsequent ‘traffic light system’ only served to confuse rather than clarify for consumers.
“However, the recent announcement of an expanded ‘green watch list’ and the potential relaxing of restrictions for those who are double vaccinated to be able to travel to amber list destinations without having to quarantine on return, was a welcome step in the right direction, demonstrating that the UK Government is committed to reopening international travel.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
When literacy thrives, our businesses thrive too
Building a more diverse construction sector
The value of using data like a Premier League club
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people
Why community-based care is key to NHS' future
Culture, confidence and creativity in the North East
Putting in the groundwork to boost skills
£100,000 milestone drives forward STEM work
Restoring confidence for the economic road ahead
Ready to scale? Buy-and-build offers opportunity