Skip to main content

City welcomes easyJet's 'robust' half year results

Air
Sophie Griffiths
10 May 2016

EasyJet has delivered positive results in its six months update, despite reporting largely flat revenues and profits.

The carrier will boost capacity to destinations

The City welcomed the results, which the airline described as “robust” in light of the challenges from terrorism concerns.

The carrier saw a profit loss of £24 million, but total revenue increased to £1,771 million up 0.3% from £1,767 million in 2015, while passengers grew to 31 million. Revenue per seat decreased by 6.6% on a reported basis to £51.29.

EasyJet also saw its biggest ever ski season, with a 40% share of the UK ski market.