In a trading statement for the six months ended 31 March 2022, easyJet reported that it had reduced its year on year losses, outperforming expectations. The airline’s total group revenue and headline costs for the first half are expected to be around £1,500 million and around £2,050 million respectively. easyJet noted that pricing remained competitive during the first half, although added that its ancillary products continued to deliver, with revenue per seat sold of £19.56 (£12.47 in H1’19). easyJet’s balance sheet remains strong, with a net debt position of c.£0.6 billion as of end March 2021 (30 September 2021: £0.9

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