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Holidays profit to ease £40m hit for easyJet from Middle East crisis

Operators
James Chapple
24 January 2024

A strong final quarter of the year for easyJet holidays, in which it more than doubled its profits year-on-year, looks set to ease an estimated £40 million blow to its airline parent company owing to the ongoing conflict in the Middle East.

EasyJet holidays / easyJet

EasyJet holidays is on course to hit its £250 million profit target earlier than anticipated (Credit: iStock)

EasyJet holidays delivered profit of £30 million in the three months to 31 December, up from £13 million a year earlier, while passenger numbers increased by 48%.


EasyJet itself on Wednesday (24 January) posted a slightly improved headline loss of £126 million for the typically quieter three months to the end of the year, its first quarter – down from a Q1 loss last year of £133 million.