EasyJet: Revenue increased, losses shrank

EasyJet announced that bookings in the previous 10 weeks were 6% higher compared to the corresponding period of 2019, while announcing a reduction in pre-tax losses for the first half of 2022, while revenues increased due to increased capacity.

The British low-cost airline announced that it has sold 76% of time bookings for the third quarter and 36% for the fourth quarter.

EasyJet stressed that it expects the capacity in the third quarter to reach approximately 90% of the fiscal year 2019, and that the capacity for sale for the fourth quarter is approximately 97% of the fiscal year 2019.

The low-cost company said that for the six months to March 31, pre-tax losses stood at 7 557m ($ 687.6m), up from 6 645m a year earlier.

Adjusted pre-tax losses amounted to 45 545 million, compared with a loss of 70 701 million.

The revenues of the period amounted to 1.5 dos. Sterling, compared to 240 million pounds.

Source: Capital

You may also like

What altcoins demonstrate good growth
Top News
David

What altcoins demonstrate good growth

In August, the capitalization of the altcoin market began to adjust. Total3, an indicator of market capitalization excluding BTC and