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Despite high demand for tickets, a seasonally adjusted pre-tax loss in the first quarter to the end of December was £126 million (€147 million), Easyjet announced in Luton on Wednesday; this is only 7 million lower than a year ago. near London. The company has suspended flights to Israel and Jordan since October.
Easyjet boss Johan Lundgren expects overall good business next summer: based on previous bookings, ticket prices and occupancy rates will be higher than last year.
Easyjet had 19.8 million passengers from October to December; This figure increased by approximately 14 percent compared to the previous year. Airplane usage dropped from 87 percent to 86 percent.
Although sales increased by 22 percent to 1.8 billion lira, fuel costs increased by almost a third, reaching 516 million lira. Additionally, the loss of connections with Israel and Jordan had a negative impact, and flights to Egypt became less popular.
Lundgren estimates that the direct consequences of the conflict will have a negative impact on Easyjet of around £40 million from the first half of the financial year to the end of March. However, adjusted pre-tax losses in the generally weak winter half year are expected to be lower than a year ago.
(SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
