STORY: EasyJet is feeling bullish about the summer.
It says bookings are looking strong, and it’s on track to deliver a full-year profit as a result.
On Wednesday (January 25) the airline reported a pre-tax loss of about $164 million for the quarter to the end of December.
But things are now looking up.
EasyJet says its loss in the first half should be well down on a year ago.
Its holidays unit also lifted expectations, forecasting 50% growth in customer numbers.
Chief Executive Johan Lundgren said people were prioritising time off.
He said travellers were turning to easyJet amid a cost-of-living squeeze, with record-breaking revenue over some recent weekends.
The numbers will fuel optimism over a travel recovery.
Earlier this month, rival Ryanair said it was expecting a very strong summer season.
EasyJet shares surged about 10% in early trade.
Ryanair gained over 3%.