EasyJet's after-tax loss worsened to £22.3 million ($40.7 million) in the six months ended March 31 from a £19.7 million net loss in the year-ago period. The carrier, which traditionally reports a loss in the first half owing to seasonal factors, said its net loss was reduced by a tax credit of £8.9 million but its fuel bill was £18 million higher than last year. In contrast to Europe's full-service carriers, the London Luton-based LCC has not implemented a fuel ...

Subscribe to Access this Entire Article

"EasyJet loss widens in first half" 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.