EasyJet cuts losses as demand for flights and holidays grows
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EasyJet cut its losses by more than half for the latest quarter on the back of improved demand for flights and package holidays. The budget airline reported a headline pre-tax loss of £61 million for the three months to December 31, down from £126 million a year earlier.
It said this came after a 7% rise in passenger numbers for the period. Chief executive Kenton Jarvis said: “Looking to this summer, we have seen continuing demand for easyJet’s flights and holidays where we have one million more customers already booked, with firm favourites like Palma, Faro and Alicante as well as new destinations like Tunisia and Cairo proving popular.
