EasyJet warns fares could rise this winter as it plans to cut up to 700,000 seats

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EasyJet warns fares could rise this winter as it plans to cut up to 700,000 seats
Photo: Stian Lysberg Solum/NTB/TT

And EasyJet - which has been on the verge of getting a new major owner, the American venture capital firm Apollo, since August - is already planning to cut flight capacity by up to 700,000 seats to adapt its operations.

Apollo's purchase of a stake is scheduled to be completed in early 2027, but the deal still needs to be approved by competition authorities and the company's existing owners.

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TT News AgencyT
By TT News Agency. English edition by Sweden Herald, adapted for our readers

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