The airline reported in its trading update for the six months ended 31 March it expects a first half headline loss before tax in the range of £690 million to £730 million – “slightly better than expectations”.
Passenger numbers for the six months decreased by 89% to 4.1 million, in line with a decrease in capacity to 6.4 million seats, representing 14% of H1 2019 capacity levels.
This led to total group revenue for the six months ending 31 March 2021 decreasing by about 90% to £235 million, with passenger revenue decreasing by 91% to £165 million.