Kenton Jarvis, the airline's Chief Executive, said an extra 700,000 seats will be removed during the quieter months.

It comes after the carrier said in the summer that it would reduce seat numbers by 700,000, the Daily Telegraph reports.  

Jet fuel prices nearly doubled following the outbreak of the war on Iran, triggering supply chain disruptions in the Strait of Hormuz.

Jarvis said: "People are taking capacity out, we see that across all competitors,” adding that the moves were “no surprise” given that fuel prices have stayed unexpectedly high.

According to industry body Iata, rising fuel costs are expected to deal a $100bn (£75.7bn) blow to the aviation sector this year.

At least two airlines – Spirit Airlines and AirBaltic – have entered bankruptcy as a result of the current financial environment. 

EasyJet rival Ryanair has also reduced its winter schedule by as much as 4%, with the airline's boss, Michael O'Leary, warning that soaring costs could persist for another 18 months.

"We are all facing an enormous cost challenge next year," he added.

Norse Atlantic Airways has also been flying with a reduced schedule, citing high fuel prices.

Chief Executive Eivind Roald said: “We continue to fly with reduced capacity ​in response to ​the prolonged high fuel ⁠prices, while continuously optimising our fleet allocation going forward.”

EasyJet agreed to be taken over by US firm Apollo in the summer as part of a £5.7bn takeover deal. The cash offer was backed by easyJet's board and by its founder Sir Stelios Haji-Ioannou.

TTG has contacted easyJet for further comment.