EasyJet reduced its losses by over half for the most recent quarter on the back of better need for trips and bundle vacations.
The budget plan airline company reported a heading pre-tax loss of ₤ 61 million for the 3 months to December 31, below ₤ 126 million a year previously.
It claimed this followed a 7% increase in guest numbers through.
Chief exec Kenton Jarvis claimed: “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.
“All of this demonstrates positive progress towards our medium-term target to deliver more than £1 billion of profit before tax.”
Airlines commonly record losses throughout the cold weather when need for trips declines.
EasyJet claimed it flew 24.1 million seats in the last 3 months of 2024, up 5% from 23.0 million a year previously.
The ordinary size of trips climbed by 6%.
The firm’s bundle vacation arm easyJet Holidays videotaped “around a 40% increase in profits during the period”, Mr Jarvis included.
It is anticipated to tape a 25% development in consumer numbers for the year throughout of September compared to the previous twelve month.
