Get all your news in one place.
100's of premium titles.
One app.
Start reading
Evening Standard
Evening Standard
Business
Simon English

Easyjet plunges to fresh losses while Ryanair rockets into profit

The group is expecting to fly 20 million seats in the last three months of 2022 (PA)

(Picture: PA Wire)

EASYJET said today it is back on the up after two torrid Covid affected years, but it will still plunge to another loss this year.

It lost more than £1 billion in 2020 and 2021 and will this year lose between £170 million and £190 million as customers remain cautious. It is also heavily exposed to the pound, a blow since many of its costs are denominated in the surging dollar.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.