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EasyJet hopeful of growing package holiday profits by 50% this year

Operators
James Chapple
24 July 2024

EasyJet is hopeful of another big surge in profits from its in-house tour operating arm this year.

EasyJet holidays is targeting a 25% increase in customers this year (Credit: iStock)

The airline expects easyJet holidays to deliver around £180 million in pre-tax profits in the year to 30 September, growth of 48% year-on-year.

Its hopes were underlined in easyJet’s third-quarter results on Wednesday (24 July) covering the three months to 30 June – the pre-peak summer period.

The operator delivered £73 million in pre-tax profits during the quarter, up 49% from £49 million during the same period 12 months ago. Revenue from holidays, meanwhile, increased by 42% from £237 million during Q3 2023 to £336 million in Q3 2024.