Passenger Transportation Services
EasyJet reports summer bookings are on the increase after reporting a larger quarterly loss
EasyJet, a British budget airline, said that summer bookings are increasing, despite the fact that it reported an increased first-quarter loss, mainly due to expansion costs and lower winter prices. The company stated that the "traditionally busy January booking period" saw record numbers in terms of both revenue and volume, as bookings for summer 2026 continue to build. Winter is usually the slowest time for airlines. They rely on the spring and summer season to boost their earnings. EasyJet has reported an operating loss of 76 millions pounds ($105million) for the three-month period ending December 31 compared to a 40...