Newspaper article The Evening Standard (London, England)

Mild Winter Helps EASYJET Take off on De-Icer Savings

Newspaper article The Evening Standard (London, England)

Mild Winter Helps EASYJET Take off on De-Icer Savings

Article excerpt

Byline: Lucy Tobin

EASYJET today flew up to the top of the Footsie after the budget airline upgraded its first-half performance, in part because a mild winter meant it spent less on de-icer.

'Some The carrier, headed up by chief executive Carolyn McCall, had pencilled in a pre-tax loss of up to PS90 million for the six months to April -- a traditionally loss-making period for airlines which are focused on the summer holidays.

might out revised was better' But the warmer winter -- which caused less disruption to timetables as well as lower spending on de-icer -- and stronger bookings thanks to the introduction of allocated seating, saw easyJet tell investors that they could now expect a pre-tax loss for the first half of the year between PS55 million and PS65 million.

City breaks were most popular, with destinations such as Reykjavik Tel Aviv, Berlin, Prague and Milan doing well. Last year, FTSE 100-listed easyJet's pre-tax loss came in at PS61 million for the six months to April, but that included the unusually early Easter, which brought in PS25 million-worth of extra ticket sales. …

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