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EasyJet Halves First-quarter Loss Despite Omicron

Umer Jamshaid Published January 27, 2022 | 01:04 PM

EasyJet halves first-quarter loss despite Omicron

British airline EasyJet cut its losses by half in the first quarter despite the emergence of the Omicron coronavirus variant, which disrupted the travel industry, the company said Thursday

London, (UrduPoint / Pakistan Point News - 27th Jan, 2022 ) :British airline EasyJet cut its losses by half in the first quarter despite the emergence of the Omicron coronavirus variant, which disrupted the travel industry, the company said Thursday.

Pre-tax losses stood at �213 million ($288 million, 255 million Euros) in the three months to the end of December, after a �423 million loss in the same period of the group's previous financial year, EasyJet said in a statement.

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