The shares rose as much as 4.2 per cent in early trading on Tuesday morning. The stock has gained about 62 per cent this year, the best performer on the Bloomberg World Airlines Index of 29 members in the period.
The CEO said on a call with journalists that fares stand to be higher than they were in 2019 because costs have increased. Airlines have cautioned that ticket prices are increasing amid higher demand as well as increased costs on everything from fuel to staffing to efforts to decarbonise the industry.
EasyJet said in January that it expects to beat market expectation for a full year pretax profit and said that its loss in the first half would be significantly better than in the same period a year earlier. – Bloomberg
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