EasyJet reveals first-half losses are expected to narrow by more than £50m

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EasyJet has revealed first-half losses are expected to narrow by more than £50m after this year’s early Easter helped offset a hit from the Israel-Hamas conflict.

In an update on its half-year performance, the group said it is on track for headline pre-tax losses of £340m to £360m in the six months to March 31, against losses of £411mi a year earlier. The airline said demand has bounced back since late November, with half-year figures also boosted by the start of the Easter holidays falling in March this year.

“We have further enhanced our network with the launch of new bases in Alicante and Birmingham providing greater choice for consumers across Europe. “We are well set up operationally for this summer season where we expect easyJet to be one of the fastest growing major airlines in Europe and take more customers on easyJet holidays than ever before.

 

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