The airline EasyJet posted an annual net loss of 169 million pounds (194.3 million euros) until September 30, 80% less than in the same period due to the good performance during the summer in Europe.
In a statement to the London Stock Exchange, the low-cost airline said its annual pre-tax losses amounted to £208 million (239 million euros), compared to £1,036 million (1,191 million euros) in the same period.
Total profit for the year was £5,769 million (EUR 6,634 million), up 295% on the previous year, while operating losses amounted to £27 million (EUR 31 million), up from £910 million (1,046 million euros) in the same period last year.
As of September 30, net assets were £2,533 million (EUR 2,912 million), while net debt was £670 million (EUR 770 million).
According to EasyJet, the company has had a significant number of slots (takeoffs and landings), showing good performance, while revenues have been good in the EasyJet Holidays area, with £38 million (43 million euros) in pre-tax revenue.
The company’s CEO, Johan Lundgren, said EasyJet recovered this summer and posted strong sales in the fourth quarter of the year (July-September).
‘EasyJet performs well in difficult times’despite a “high cost,” the official said, adding that the airline is well positioned to generate profits.
The company acknowledges in a statement that it has faced difficult situations this year due to the omicron variant of Covid-19, the impact of the Russian invasion of Ukraine and operational challenges as demand returned after restrictions were lifted. imposed by the pandemic. .
In 2022, the company carried 69.7 million passengers, an increase of 242% over the previous year, while the load factor was 85.5% compared to 72.5% in the previous year.
The airline also said it had a capacity of 81.5 million seats this fiscal year and had 320 aircraft as of Sept. 30.
Source: DN
