EasyJet cuts winter losses despite cancelled flights due to Israel-Gaza war
by Gwyn Topham Transport correspondent from World news | The Guardian on (#6M5R4)
Airline says demand has rebounded, with strong bookings at its holiday arm
EasyJet has cut its winter losses by at least 50m and said it is confident of a record summer, despite higher fuel costs and a 40m loss from the war in the Middle East.
The airline said it expects pre-tax losses of between 340m and 360m for the traditionally loss-making six months to the end of March, in a trading update before its half-year results.
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