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EasyJet posts wider loss in H1

Staff Writer |
EasyJet eported a total loss before tax of 236 million pounds for the six months ending 31 March 2017 compared to a loss of 18 million pounds, previous year.

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Basic loss per share was 48.9 pence compared to a loss per share of 3.8 pence, prior year.

EasyJet has delivered a headline loss before tax for the six months to 31 March 2017 of 212 million pounds (headline loss of 5.65 pounds per seat) compared to a headline loss of 21 million pounds (loss of 0.62 pounds per seat) last year.

At constant currency, EasyJet delivered a headline loss before tax of 130 million pounds during the period. Basic Headline loss per share was 43.8 pence compared to a loss of 4.6 pence.

First-half total revenue up 3.2% to 1.83 billion pounds. Seats flown grew by 8.4%. Total revenue per seat fell by 4.9% to 48.80 pounds. At constant currency, revenue per seat fell by 9.7% to 46.32 pounds.


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