US EditionEasyJet blames ‘competitive environment’ as winter losses grow
EasyJet's winter loss increased 52% to £93 million due to Italian expansion and market competition despite a 7% rise in passengers and record January bookings.
- On the three months to December 31, easyJet reported a headline pre-tax loss of £93 million, amid investments in Italy and a continued competitive environment.
- EasyJet said losses grew by 52% for the latest quarter as investments at Milan Linate and Rome Fiumicino and market pressure affected performance.
- Capacity expanded as available seat kilometres rose 9% while passenger numbers increased 7% for the period.
- EasyJet said it remains committed to delivering sustainable value and is progressing towards its medium-term profit target after a 9% rise in headline pre-tax profits for the year to September 30.
- Operationally, easyJet reported a four percentage point rise in customer satisfaction and on-time performance while holding talks with Starlink about onboard Wi‑Fi economics.
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British low-cost airline Easyjet has reported a 52 percent year-on-year increase in its pre-tax loss to £93 million (€107.4 million) in the last quarter of 2019. The negative trends are the result of investments in Italian airports and a highly competitive environment, the company said.
Why Italy is causing turbulence for EasyJet
In January, EasyJet reported record bookings for the summer season, but the costs associated with opening new routes to Italy are weighing on its accounts for the final quarter of 2025, increasing losses by more than 50%. Wizz Air also reported an operating loss, but revised its growth expectations upward for 2026, as did Ryanair. Facts, numbers, and forecasts Fed up with winter, many have already booked flights for the summer, and low-cost airl…
British airline Easyjet announced on Thursday a 52% increase in losses for its first fiscal quarter, penalized by "its strategic investments" in Italian airports and a "still highly competitive environment".
The British low-cost airline's results were weighed down by expansion in Italy and strong competition
Winter is usually the weakest period for airlines, which depends on spring and summer demand to increase their revenue
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