EasyJet holidays profits rise as group plans flight-plus-hotel offering

EasyJet holidays reported a “strong” half-year performance, with headline profit before tax of £61 million, and earnings before interest and taxes increasing 50% to £48 million.

 

The performance of the tour operation helped offset increased seasonal winter losses at its parent budget carrier, which has been hit by the effects of the Middle East conflict.

 

The easyJet group reported a headline first‑half loss before tax of £552 million, for the six months ending March 31, compared with a headline loss of £394 million in H1 2025.

 

EasyJet said the H1 result was in line with its April trading statement adding: “This result was broadly in line with expectations, excluding £25 million of unexpected additional fuel costs incurred in March due to the sudden impact of the Middle East conflict and a £32 million net increase in legal provisions across a number of historic cases.”

It noted that it intends to operate “the full summer schedule on sale”.

 

The statement said the company’s second-half performance so far has seen “strong late bookings but has been impacted by the Middle East conflict through higher fuel costs and lower forward visibility”.

 

More: EasyJet issues fuel costs warning amid Iran war ‘uncertainty’

 

Kenton Jarvis, chief executive of easyJet, said: “Despite conflict in the Middle East creating near‑term uncertainty, easyJet is well placed to manage the current environment.

 

“We delivered a strong operational performance in the first half, with positive demand driving a 90% load factor, up two percentage points vs last year, and further improved customer satisfaction, alongside continued growth in our holidays business.

 

“EasyJet is not seeing any disruption to fuel supply, we continue to operate normally and our customers should book with confidence, taking advantage of our great value fares.

 

“Our strategy is clear – through disciplined growth, accelerated upgauging, and continued expansion of easyJet holidays, we aim to bounce back from this year’s Middle East related setbacks, and then further progress towards our medium-term financial targets and deliver attractive shareholder returns as the operating environment normalises.”

 

The statement said easyJet holidays continues to deliver “strong, profitable growth”, with growth outperforming the wider market “as we gain market share profitably in a competitive environment”.

 

“Later this year, we plan to launch a new flight‑plus‑hotel proposition ahead of the forthcoming winter season,” it added.

 

“This will allow customers to book city breaks seamlessly within the airline book flow, improving the end‑to‑end customer experience and supporting higher conversion rates.

 

“As part of this, we will be expanding our hotel inventory across key European city destinations.”

 

It said this means its accommodation offering will increase from about 8,000 to 13,000 hotels.

 

The group said easyJet holidays customer numbers are expected to grow “by low double digits in FY26, in a competitive market, from a base of 3.1 million”.

 

Furthermore, a loyalty programme will launch in the next financial year.