easyJet achieves record bounce back in summer quarter

easyJet has projected an operating profit of up to £545 million for the summer quarter as passenger numbers doubled post-pandemic. The airline is expecting to break even at the operating profit (EBIT) level for the full year, following a strong fourth quarter. “July to September quarter was one of the best in easyJet’s history in terms of operational profit, but the problems and costs earlier in the year would push it to a third consecutive annual loss,” the airline said. For the fourth quarter, easyJet expects its headline EBIT to be between £525 million and £545 million. Total group revenue and