Easyjet targets profit of £700m as it reports winter losses

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Kenton Jarvis of Easyjet
Kenton Jarvis of Easyjet

EasyJet reported a pretax loss of £394m for the six months ending March. This aligns with expectations and shows improvement when adjusted for the timing of Easter

The airline is optimistic about the summer season, anticipating a pretax profit of £703m and aiming for a medium-term target of £1bn, driven by demand in both flights and holidays.

The airline says is experiencing solid demand for flights and holidays, with current summer bookings exceeding last year’s figures..

EasyJet is currently assessing the potential effects of US tariffs on its costs and supply chain resilience, while also suspending flights to Tel Aviv due to the ongoing Israel-Gaza conflict.

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The airline shared “EasyJet was seeing a ‘positive built’ in demand for both its flights and its fast-growing holidays business, Any fallout ‘remains uncertain at this early stage,'” EasyJet shared regarding the impact of US tariffs.”

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