Easyjet narrows half-year loss

Low-cost airline easyJet posted smaller winter losses today as the benefit of benign weather offset a further jump in fuel costs.

The Luton-based operator, which is Europe’s fourth-biggest short-haul carrier with a share of around 8%, said losses during the six months to March 31 were £112m (€140m), an improvement of £41m (€50m) on a year ago.