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EasyJet on course to ‘significantly’ reduce pre-tax winter loss

Air
James Chapple
18 April 2023

EasyJet says it is on course to "significantly" reduce its pre-tax winter loss and exceed its profit expectations for its 2022/23 full-year.

EasyJet / easyJet holidays

The new base will expand easyJet's portfolio with 16 new routes

The carrier said network optimisations, improved ancillary performance and an ongoing cost focus had allowed it to take advantage of strong seasonal flight demand.


Headline loss before tax for the six months to 31 March 2023 is expected to come in between £405 million and £425 million, despite headwinds. These include heightened fuel costs, inflation and costs arising from "building resilience" into its summer programme.


EasyJet said a "robust" Easter period passed off without the issues experienced a year earlier following the post-Covid restart, adding current booking momentum was continuing into the summer.