Join our community of smart investors

EasyJet makes up for lost time

Stronger winter trading means full-year profit should beat expectations
January 25, 2023

The rebound in travel anticipated last year as the Omicron wave of the coronavirus subsided took a lot longer to get off the ground than anticipated, but we’re getting there. In Europe, air traffic for the first three weeks of 2023 reached 86 per cent of 2019 levels, according to Eurocontrol.

Low-cost carriers have been among the most active players. Ryanair’s (IE: RYA) daily flight numbers last week were at 114 per cent of pre-pandemic levels.

This is subscriber only content
Start your trial to keep reading
PRINT AND DIGITAL trial

Get 12 weeks for £12
  • Essential access to the website and app
  • Magazine delivered every week
  • Investment ideas, tools and analysis
Have an account? Sign in