easyJet reduces winter losses by over $62 million year-on-year

EasyJet has reduced its winter losses by over £50 million ($62.3 million) year-on-year, the airline has highlighted in its six-month financial update, with loss before tax expected to be in the region of £340-£360 million ($424-$449 million). “We are well set up operationally for this summer season where we expect easyJet to be one of the fastest growing major airlines in Europe,” commented easyJet CEO Johan Lundgren, attributing the reduction in winter losses to the carrier’s “growth and focus on productivity”. With 297 peak operating aircraft as of March 31 2024, (up from 275 in January and 278 in February),