Troubled airline easyJet has denied claims the company is "hanging by a thread".
The airline, which recently took the decision to close its Newcastle International Airport base and end its international flights from the North East, made the statement following a leaked recording where union official Martin Entwistle said EasyJet is in a "really dire" situation after he met with financial officer Andrew Findlay.
EasyJet said that the recording "does not reflect" the views of the company or Mr Findlay, and that it would be taking a "prudent approach to capacity" over the winter.
In a statement, the company said: "The recording does not reflect what easyJet or its chief financial officer said.
"We have been clear the whole industry has been impacted by the pandemic. However, EasyJet has taken a prudent approach to capacity and the right actions on cash preservation.
"The airline continues to keep all liquidity options under review, but no decisions have been taken.
"Winter flying is always significantly lower than summer and EasyJet will continue with its prudent and dynamic approach to capacity over the winter.
"No decisions have been taken and we will update the market in due course."
EasyJet still operates routes to Bristol and Belfast from Newcastle. Its final international service still in operation from Newcastle to Nice in France, will close later this year.
