Easyjet makes-up ground as it narrows loss forecast

EasyJet said today that its first half loss will be lower than previously forecast as a result of improved winter weather and additional charges for baggage and other items such as speedy boarding. The carrier said it expects to post a pretax loss of £110 million ($174 million) to £120 million in the six months to March 31. That compares to the earlier forecast of a loss between £140 million and £160 million. It credited the improvement on a 10% increase in revenue per seat, compared to the previous guidance of upper single digits. 30% of seats available in the