EasyJet's Winter Losses Mitigated Despite Cancellations Linked to Israel-Gaza Conflict
Thursday, 18 April 2024, 11:28
EasyJet's Financial Outlook
Despite the impact of the Israel-Gaza conflict, EasyJet has successfully curbed winter losses and is optimistic about the upcoming summer season. Strong demand, especially evident in holiday bookings, indicates a positive trend for the budget airline.
Key Points:
- Profit Margin: Expected pre-tax losses of £340m to £360m for the half-year ending March.
- Challenges: Higher fuel costs and a £40m loss from the Middle East conflict.
- Outlook: Confident in achieving a record summer despite past setbacks.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.