easyJet: losses widen in 1H09, but full year guidance remains

easyJet nearly doubled its net loss in the six months to 31-Mar-09 to GBP85.9 million, in line with the carrier's expectations. A profitable full year result is still expected. Commenting on the outlook, easyJet CEO, Andy Harrison, stated, "while we remain cautious about the consumer economy, at current fuel prices and exchange rates, easyJet expects to be profitable for the full year. easyJet is financially strong.... and has good and well-established market positions and the Board remains confident in easyJet's future prospects."

This CAPA Premium Analysis article is 2,592 words.

To access CAPA Premium Analysis you need a CAPA Membership

Your window into the latest insights

CAPA employs an industry-leading Analyst team based in Europe, North America, Asia and Australia who offer unique perspectives and independent and accurate commentary of critical industry developments globally. CAPA Members rely on our Analysis to unlock valuable insights and actionable intelligence to keep ahead of the game.

Big picture strategic view

Our Analysts don’t just report the news - they take a big picture strategic view of aviation dynamics, issues and trends and analyse the implications of these developments for you.

Global intelligence

The CAPA Analyst team is based globally to ensure our CAPA Members have access to independent, unique perspectives covering an entire spectrum of daily, worldwide commercial aviation developments.

Customise your Alerts

CAPA Members can use CAPA Alerts to receive daily, weekly or monthly and customised updates on our Analysis.

I'm very impressed by the factual and detailed analysis CAPA is always doing.

- CEO, Airline Member
To learn more, contact us:
Phone: +61 2 9241 3200 | Email: membership@centreforaviation.com