Eight in 10 easyJet holidays for summer 2023 have been sold already, parent company easyJet plc has revealed.
In a trading update for the six months to 31 March, easyJet said it has reduced its first half seasonal losses, with flight capacity over Easter in the UK back to pre-pandemic levels.
The airline forecasts its full-year profits will now exceed market expectations of £260 million, because of high levels of demand and strong bookings.
The update said the company’s holiday division continues to benefit from strong UK demand and is currently 80% sold for this summer.
Growth expectations for easyJet holidays have been upgraded from 50% year-on-year to 60%.
CEO Johan Lundgren said: “Demand for easyJet’s flights and holidays has continued to grow in the half, resulting in more than a £120 million improvement in our performance as well as a billion pound revenue improvement year-on-year. This is further enhanced by our transformed network of popular destinations and improved revenue capability.
“We see continued strong booking momentum into summer as customers prioritise spending on travel and choose airlines like easyJet offering the best value and destination mix, as well as easyJet holidays which is continuing its steep growth trajectory as the fastest growing holidays company in the UK.
“All of this means easyJet expects to outperform FY23 market expectations.”
The post EasyJet holidays 80pc sold for summer ‘23 appeared first on Travel Gossip.
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In a trading update for the six months to 31 March, easyJet said it has reduced its first half seasonal losses, with flight capacity over Easter in the UK back to pre-pandemic levels.
The airline forecasts its full-year profits will now exceed market expectations of £260 million, because of high levels of demand and strong bookings.
The update said the company’s holiday division continues to benefit from strong UK demand and is currently 80% sold for this summer.
Growth expectations for easyJet holidays have been upgraded from 50% year-on-year to 60%.
CEO Johan Lundgren said: “Demand for easyJet’s flights and holidays has continued to grow in the half, resulting in more than a £120 million improvement in our performance as well as a billion pound revenue improvement year-on-year. This is further enhanced by our transformed network of popular destinations and improved revenue capability.
“We see continued strong booking momentum into summer as customers prioritise spending on travel and choose airlines like easyJet offering the best value and destination mix, as well as easyJet holidays which is continuing its steep growth trajectory as the fastest growing holidays company in the UK.
“All of this means easyJet expects to outperform FY23 market expectations.”
The post EasyJet holidays 80pc sold for summer ‘23 appeared first on Travel Gossip.
Continue reading...
