British Airline EasyJet Widens First-Half Losses

The net losses of 344 million euros that easyJet has accumulated until 31 March do not weigh so much in the company’s mind in the perspective of the profits coming. The airline trusts that the strong demand for travel for the summer will bring back the annual profit account, even though the losses are 13% above the same period last year. Until 31 March – the closing of the fiscal semester – easyJet has had net losses of 292 million pounds (344 m…

British airline EasyJet widens first-half losses

British no-frills airline EasyJet on Thursday announced a widening of net losses for the first half of its financial year as fuel and other costs increased. EasyJet, which flies mainly in Europe, said losses after tax increased 16 percent to £297 million ($399 million) in the six months to the end of March. Group revenue climbed to £3.53 billion, while fuel costs rose four percent. Many airlines tend to post losses during the northern hemisphere…

The low-cost airline recorded a pre-tax loss of GBP 394 million in the first half of the year, against a loss of £350 million in the same period of 2024. The company's shares fall by 1.3%. CEO Kenton Jarvis described the first semester as an "interesting period" and said they continue to observe "a strong demand for flights and holiday packages." "We are successfully implementing our strategy, aimed at improving efficiency and optimizing custome…

British airline Easyjet has reported a net loss of 297 million pounds (around 352 million euros) in the half-year to the end of March, up 16 percent from the same period a year earlier. The company carried 36.7 million passengers, up eight percent, but costs including fuel prices rose. Group revenue rose eight percent year-on-year to 3.53 billion pounds in the half-year, while fuel costs rose four percent, Easyjet said on its website. As the Fre…

British airline Easyjet has reported a net loss of 297 million pounds (around 352 million euros) in the half-year to the end of March, up 16 percent from the same period a year earlier. The company carried 36.7 million passengers, up eight percent, but costs including fuel prices have risen.

The British airline EasyJet announced a worsening of the accounts in the first half of the financial year, due to the increase in costs. In the six months until the end of March net losses increased by 16%, amounting to £ 297 million ($399 million). The turnover rose to £ 3.53 billion, while fuel costs increased by 4%. Many airlines such as EasyJet operating mainly in Europe tend to record losses during the winter in the northern hemisphere due …