The announcement comes just days after Mr Findlay won a vote intended to remove him from the position in the wake of the firm’s data breach which resulted in thousands of customers data being accessed.

Last Friday the board, including Mr Findlay, scored a victory over easyJet’s biggest shareholder Sir Stelios Haji-Ioannou, who had called for Mr Findlay, chief executive Johan Lundgren, and chairman John Barton step down.

Commenting on the announcement, Johan Lundgren, easyJet CEO, said: “Since I joined in 2017, Andrew and I have worked extremely well together.

“As the longest-standing member of the Airline Management Board, Andrew has and continues to provide solid financial steerage and guidance. This has been particularly so during recent months when he was quick to secure liquidity and deliver a significant reduction in cash burn.

“I speak on behalf of my fellow colleagues in that we will be sorry to see him leave next year, however we all look forward to working with Andrew over the coming 12 months as we successfully steer easyJet through this unprecedented time for the industry.

“I would like to thank Andrew for his continued contribution to ensure the long-term success of easyJet.”

Andrew Findlay added: “Although I have given notice to leave easyJet in a year’s time, I remain fully committed to the business to support Johan and to ensure easyJet successfully weathers this unprecedented time for the airline industry.

“By the end of my notice period I will have been with this great company for almost 6 years and it will be the right time to pass the financial reins to someone who will help take easyJet into its next chapter.

“I would like to thank the shareholders who supported me and my fellow Directors in the recent General Meeting. I intend to repay that support in the coming year.”