EasyJet predicts narrowed first half loss

In a trading update, easyJet has stated that it expects to report a smaller first-half loss in its current financial year after revenue rose on the back of strong demand from business and leisure travellers and falling fuel costs. For the fourth quarter 2014, easyJet’s seats flown grew by 2.9% to 16.6 million. Passengers carried increased by 4.1% to 14.9 million, and the load factor increased by 1.0 percentage point to 89.7%. The total revenue for the airline grew by £34 million to £931 million and revenue per seat grew by 0.8% on a reported basis to £56.16 per seat