In its Q1 financial results statement, easyJet said it was “continuing to build on our unique position within the holidays sector”.
“Our purpose-built, highly scalable business model ensures low fixed costs (93% variable) and strong marginal profit contribution,” said the company.
“We continue to enjoy strong partnerships with leading hotels without the need for financial commitments or inventory risk.
“During Q1 we signed a further 35 high quality hotels which were previously under exclusive contracts with our competitors.”
