Jet2 has posted a £68.7m pre-tax loss for the six months to September 30, down from a £278m profit for the same period last year. The airline flew just 990,000 passengers in the half-year, down from 10m a year earlier as plunging demand and restrictions amid the COVID-19 pandemic. Package holiday passengers slumped to 30,000, down from 2.7m. Jet2 warned over further losses in the traditionally quieter half of the financial year and cautioned it expects to cut its winter 2020/21 services by half year-on-year.

The Daily Telegraph

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