Unlock the Editor’s Digest at no cost
Roula Khalaf, Editor of the FT, selects her favorite tales on this weekly publication.
EasyJet stated its losses halved initially of the winter season, boosted by decrease gas prices and extra individuals travelling over the Christmas interval.
The low-cost airline on Wednesday reported a pre-tax lack of £61mn for the three months to December, down from £126mn in the identical interval a yr earlier.
EasyJet forecast that losses for the entire winter would fall, and stated there had been “sturdy” demand for journey over Easter.
New chief govt Kenton Jarvis stated the airline had made “constructive progress” in direction of its medium-term goal of annual pre-tax income of £1bn.
It is a growing story.
