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EasyJet upbeat despite counting £133m cost of travel disruption

Air
Tom Parry
26 July 2022

Disruption fuelled by staffing shortages cost easyJet £133 million in the three months to 30 June, the airline has revealed. 

More than 22m passengers flew with easyJet in the third quarter of 2022 - a sevenfold increase on 2021 (Credit: Frederick Tubiermont/Unsplash)

In a Q3 trading update issued on Tuesday (26 July), the airline reported a pre-tax loss of £114 million due to the disruption’s impact – although earnings before interest, taxes, depreciation, amortization, and restructuring or rent costs (Ebitdar), saw profit of £103 million. 

More than 22 million passengers flew with easyJet in the third quarter of 2022 – a sevenfold increase on the same period last year – representing 87% of 2019 capacity.