The budget carrier on Thursday (20 July) revealed its holidays division delivered Q3 (three months to 30 June) profit before tax of £49 million, up from £16 million a year earlier. Q3 revenue, meanwhile, more than doubled to £237 million, up from £117 million in Q3 2022.
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"EasyJet holidays continues to outperform and is expected to deliver £100 million-plus profit before tax in FY23 [year to 30 September 2023]," said easyJet in a trading update, adding the operator’s performance was "driving the group towards a strong outcome for FY23".
In addition, easyJet said demand for easyJet holidays product was continuing to grow, with winter bookings running at more than double last year.
It added that strong group revenue growth – up 34% year-on-year during Q3 to £2.36 billion – was down, in part, to "the continued outperformance of ancillary products and easyJet holidays".
EasyJet airline ancillary revenue grew by 28% year-on-year during Q3 to £622 million.
