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easyJet says first-half losses to fall this year

Tue, 27th Jan 2015 07:16

LONDON, Jan 27 (Reuters) - British low-cost airline easyJet guided that first-half seasonal losses would fall thisyear, as the group added more seats to successful routes andsucceeded in drawing in more business passengers.

easyJet, Europe's second-largest budget airline by passengernumbers after Ryanair, said it expected first-halflosses to come in between 10 million pounds ($15 million) and 30million pounds, compared with the 53 million pounds recordedlast year.

It posted revenue in the quarter to Dec. 31 of 931 millionpounds. ($1 = 0.6626 pounds) (Reporting by Kate Holton, Editing by Paul Sandle)

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