Easyjet writes deeper red numbers: winter loss increased again!

Easyjet writes deeper red numbers: winter loss increased again!

Ort, Vereinigtes Königreich - Easyjet recorded an adjusted input tax loss of £ 394 million (466.49 million euros) in the first business half year (October to March), which represents an increase of 13 percent compared to the previous year. The total loss before taxes without an extraordinary item amounts to £ 401 million, an increase of £ 54 million compared to the £ 347 million in the same period in the previous year. This can be seen from the report of Oe24

The airline promoted around 39.5 million passengers during this period, which corresponds to an increase of 8 percent compared to the previous year. Sales rose 8 percent to a total of £ 3.53 billion, but the growth was left behind the expectations. Analysts had expected £ 3.62 billion sales, while passenger grew income by 5 percent and the additional income by 7 percent. Despite this increase, the total costs rose by 9 percent, including higher fuel costs, which the airline loaded heavily.

future developments and strategic goals

The CEO of Easyjet, Kenton Jarvis, expressed optimistic about the future development of the company. He sees the company on course to achieve an adjusted input tax of around £ 700 in the entire financial year until the end of September. In order to achieve this goal, Easyjet plans to expand the seat range by three percent and to offer more flights on longer distances. In the summer half -year, however, the expansion should be lower than in winter, despite the 80 percent of the seats already sold for the current quarter.

For the summer quarter by the end of September, 42 percent of the seats are currently sold, with the decisive booking weeks being imminent. This need to adapt your capacities is part of the strategic realignment that Easyjet considers in order to continue to stay competitive on the market.

market development and industry outlook

In the further context of the aviation industry, a report by Lufthansa Group has been a total of 10 percent in 2024, with European Airlines recorded an increase of 9 percent. Despite this positive news, a decline in net profit is forecast to USD 32 billion for the airline industry. This illustrates the ongoing challenges with which the industry is faced with, in particular in terms of increasing operating costs and intensive competition.

Overall, Easyjet faces the challenge of facing a complex market environment while at the same time pursuing its strategic goals. The upcoming summer months could be crucial for the financial health of the airline.