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LONDON, May 13 (Reuters) - British low-cost airline easyJet reported a forecast-beating narrower seasonal first-halfloss as it held down costs and said it was on track to continueto deliver sustainable growth and returns for shareholders.
The group posted a pretax loss of 53 million pounds ($89million) in the six months to March 31, a 13 percent improvementon the same period last year, and ahead of its own guidancewhich was for a loss of between 55 million pounds and 65 millionpounds.
The group, which traditionally runs at a loss during itswinter first half when fewer customers fly, posted a strongerperformance this year than last, despite the fact that unlikelast year, this six month period did not include the benefit ofthe Easter holiday which fell in April in 2014.
easyJet in March upgraded its first-half results forecast by25 percent, citing tight cost control, the popularity of itsallocated seating programme and benign winter weather whichmeant fewer disruptions. ($1 = 0.5927 British Pounds) (Reporting by Sarah Young, Editing by Paul Sandle)
