Business flyers are flocking to EasyJet

EasyJet reported a loss in its half-year results, but the airline is winning the battle for business passengers.

Winter is traditionally an unforgiving season for airlines. The weather tends to be bad and fewer passengers are jetting off for their holidays. So, it shouldn't come as too much of a surprise that EasyJet posted a pre-tax loss of £53m in its half-year results. But that is still better than the £61m the airline lost in the same period last year.

There was other good news too. Total revenue grew by 6.3% to £1.7bn and the airline reported a 4% rise in the number of passengers. This was partly down to a change in the airline's seating policy.

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Chris Carter
Wealth Editor, MoneyWeek

Chris Carter spent three glorious years reading English literature on the beautiful Welsh coast at Aberystwyth University. Graduating in 2005, he left for the University of York to specialise in Renaissance literature for his MA, before returning to his native Twickenham, in southwest London. He joined a Richmond-based recruitment company, where he worked with several clients, including the Queen’s bank, Coutts, as well as the super luxury, Dorchester-owned Coworth Park country house hotel, near Ascot in Berkshire.

Then, in 2011, Chris joined MoneyWeek. Initially working as part of the website production team, Chris soon rose to the lofty heights of wealth editor, overseeing MoneyWeek’s Spending It lifestyle section. Chris travels the globe in pursuit of his work, soaking up the local culture and sampling the very finest in cuisine, hotels and resorts for the magazine’s discerning readership. He also enjoys writing his fortnightly page on collectables, delving into the fascinating world of auctions and art, classic cars, coins, watches, wine and whisky investing.

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