EasyJet cuts winter losses despite cancelled flights due to Israel-Gaza war | easyJet

EasyJet has cut its winter losses by at least £50m and said it is confident of a record summer, despite higher fuel costs and a £40m loss from the war in the Middle East.

The budget airline said it expects pre-tax losses of between £340m and £360m for the traditionally loss-making six months to the end of March, in a trading update before its half-year results.

EasyJet said demand for flights had rebounded after a six-week “softening” in searches and bookings from the start of the Israel-Gaza war in October.

The carrier said the net loss from cancelled flights to Israel and Jordan was…