UK budget carrier easyJet has reported an interim net loss of £47 million ($71.8 million) for the six months ended March 31, narrowed from a £90 million net loss in the year-ago period. The airline said the results were boosted by an early Easter, stringent cost control, a 2.8% decline in competitor capacity, network adjustments and improvements to its revenue management system. EasyJet CEO Carolyn McCall said in a statement there was a “significant reduction” ...

Subscribe to Access this Entire Article

"EasyJet cuts interim loss; still mulling aircraft order" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.