Thursday, January 27, 2022

EasyJet: Q1 Performance In Line With Management Expectations; Headline Pretax Loss Narrows

easyJet Plc (ESYJY.PK, EZJ.L) said its loss almost halved for the quarter ending 31 December 2021 year on year alongside significantly reduced operating cash burn. During first quarter, easyJet flew 64% of fiscal 2019 capacity which was broadly in line with the guidance provided and a significant increase on the same period last year. Load factor was 77%, rather than over 80% as guided, due to the impact that Omicron during December. Passenger numbers increased to 11.9 million from 2.9 million, prior year.

from RTT - Earnings https://ift.tt/3ACDXq1
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