EasyJet PLC reported a pre-tax loss of £552 million for the first half of 2026, a significant deterioration from the prior year. The airline cited high fuel prices and strategic investments as key factors.
Despite the losses, EasyJet Holidays delivered strong growth, with EBIT rising 50%. The stock price responded positively, increasing by 2.18% to 354.5.
Passenger numbers grew 6%, outpacing seat growth, and load factors reached 90%. The company is focusing on fleet modernization, replacing A319 aircraft with more efficient models by 2029.
EasyJet maintains a net cash position and offers a dividend yield of 3.31%. The company plans to expand its fleet to 389 aircraft by FY 2028 and open new bases in Newcastle and Marrakech.
