EasyJet holidays made a £43 million profit during the three months to the end of December, a nearly 40% year-on-year increase of around £12 million, on revenue of £247 million, a 36% increase from £181 million during Q1 2023/24.
This helped offset its parent airline’s customary winter loss, although easyJet itself more than halved last year’s £126 million pre-tax Q1 loss to £61 million.
The group said on Wednesday (22 January) it remained hopeful of achieving its medium-term +£1 billion full-year profit target thanks to 8% planned growth in airline seat capacity over the coming year to 103 million seats and 25% year-on-year growth in easyJet holidays customers.