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EasyJet said its losses halved at the start of the winter season, boosted by lower fuel costs and more people travelling over the Christmas period.

The low-cost airline on Wednesday reported a pre-tax loss of £61mn for the three months to December, down from £126mn in the same period a year earlier.

EasyJet forecast that losses for the whole winter would fall, and said there had been “strong” demand for travel over Easter.

New chief executive Kenton Jarvis said the airline had made “positive progress” towards its medium-term target of annual pre-tax profits of £1bn.

This is a developing story.



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