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Jan 24 2024, 07:40 GMT
easyJet
Narrower winter losses; summer revenues looking strong
DAVY VIEW
easyJet expects the H1 loss to reduce year-on-year (yoy) despite a c.£40m direct impact from the Middle East conflict, Q2 revenue per share (RPS) to be up by mid-single-digits and H1 cost per seat (CPS) ex-fuel to be broadly flat yoy. Summer guidance looks strong also, with turn of year bookings showing an increase. H2 RPS remains well ahead yoy with yields and loads both ahead in Q3 and Q4. easyJet expects H2 CPS ex-fuel to be up low-single-digits yoy. easyJet Holidays continues to expect >35% customer growth yoy in FY24.
