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Easyjet nervous about World Cup as it announces smaller-than-expected loss


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Easyjet nervous about World Cup as it announces smaller-than-expected loss

EasyJet has reported a smaller-than-expected pretax loss for the six months to the end of March – the equivalent of 65 million euros – thanks to tighter control of its costs.

The British low-cost airline also said it was attracting more business passengers after introducing allocated seating and allowing passengers to change flights.

The group, like other airlines, traditionally runs at a loss over the winter when fewer customers fly.

Chief Executive Carolyn McCall warned of difficulties forecasting passenger behaviour this summer as in different countries people would watch the football World Cup and then decide their holiday dates based on whether their team was still in the contest.

Nonetheless, the group said that between April and September 51 percent of its seats were already booked and its “ruthless focus on cost” would ensure it coped well.

with Reuters

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