EasyJet (EZJ.L) on Wednesday said it expected to beat current market expectations for 2023 based on the strength of bookings into summer and was set to deliver a full-year profit, fueling cautious optimism for an aviation sector set on recovery.
The British airline reported a headline loss before tax of 133 million pounds for the quarter to end-December, and said it expected its loss before tax for the first half to be significantly better than in the first half of 2022.
Many are hopeful that, even with a recession in Britain, travellers won't sacrifice their holidays, as the aviation sector aims for an ongoing recovery towards 2019 traffic levels. He added on a call that easyJet saw record-breaking sales revenue in recent weekends as customers booked holidays in places like the Greek islands and Spain, turning to easyJet in what is an increasingly high cost-of-living environment.
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