Q1 Trading Update
https://www.investegate.co.uk/announcem ... e-/8003185
Ian (No holding).
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EasyJet PLC (EZJ)
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Re: EasyJet PLC (EZJ)
I saw one holding (over Sussex) at the weekend on ADSB Exchange.idpickering wrote:Ian (No holding).
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- The full Lemon
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Re: EasyJet PLC (EZJ)
Trading Update for the six months ended 31 March 2024.
https://www.investegate.co.uk/announcem ... a-/8143763
Ian (No holding).
Summary
EasyJet has reduced its first half “seasonal” losses, with headline loss before tax expected to be between £340 and £360 million. This improvement was driven by targeted capacity growth where demand was strongest, alongside productivity and utilisation benefits which enabled ex-fuel unit costs to remain flat year-on-year. The result was achieved despite headwinds from fuel cost (per seat inflation of +6%) and the conflict in the Middle East which resulted in a direct impact2 of c. £40 million in H1’24. Flying into Israel has now been suspended for the summer with this limited capacity (c.0.3% of planned summer flying) being redeployed across the network. We continue to drive growth at easyJet holidays, with £31 million of profit before tax (+206% compared to H1’23) and 42% customer growth year-on-year.
https://www.investegate.co.uk/announcem ... a-/8143763
Ian (No holding).
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