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UK airline easyJet says holiday demand holding up

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UK airline easyJet says holiday demand holding up

November 29, 2022
in Airlines
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UK airline easyJet says holiday demand holding up
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  • FY headline lack of 178 mln in step with consensus
  • Posts file This fall earnings after sturdy summer season demand
  • Says early bookings for subsequent spring, summer season optimistic
  • Christmas ticket yields have been up about 18%

LONDON, Nov 29 (Reuters) – British airline easyJet (EZJ.L) mentioned early bookings for subsequent spring and summer season have been trying optimistic, and it was seeing sturdy demand for peak vacation weeks this winter with clients accepting increased ticket costs regardless of the more durable financial system.

The outlook may give buyers confidence that vacation bookings can maintain up regardless of the rising stress on family budgets from excessive inflation, power costs and rising mortgage charges.

Because the financial outlook in Europe has darkened, analysts have warned that bookings may plunge. Traditionally demand for flights has tended to trace financial progress and easyJet’s greatest market, Britain, is already in recession.

However easyJet…

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