Easyjet closes the primary quarter at a loss as a result of enlargement in Italy | EUROtoday

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EasyJet closed the primary quarter with a pre-tax lack of £92m. 32 million greater than the identical interval final yr because of the prices of enlargement at Italian airports, particularly at Milan Linate and Rome Fiumicino. Operating loss for the primary quarter ended December of fiscal 2026 was £76 million in comparison with £40 million (+90%) within the first quarter of final yr. “Time is needed for investments to take their course in addition to the continuing competitive context in specific markets,” we learn in a be aware.

In the quarter, passengers carried had been 22.7 million in comparison with 21.2 within the first quarter of final yr with revenues rising by 9% to 1.36 billion kilos. Ancillary turnover (baggage on board, reserved seats) additionally grew by 9% to 584 million kilos. Supporting the outcomes was the easyJet Holiday division which recorded a progress in turnover of 26% to 311 million kilos. Overall turnover elevated by 11% to £2.25 billion.

“This year, the traditionally busy January booking period saw record levels in both volume and revenue, with a continued increase in bookings for summer 2026,” it stated in an announcement. For the primary half of the yr, 22% of bookings had been made and 47% had been made for easyJet Holiday. For the present yr it’s anticipated to extend capability by 3% barely under final yr.