Losses at EasyJet narrowed in the first half of the year after the budget airline enjoyed one of its best winters.
The low-cost carrier reported a £68 million pre-tax loss in the six months to March 31, which compares with an £236 million loss in the same period last year.
Headline profit before tax, excluding costs associated with its new operations in Berlin Tegel, came in at £8 million against a £212 million loss last year.
Revenue rose 19.5% to £2.18 billion in the period.
Passenger numbers increased by three million, or 8.8%, to 36.8 million in the period, including 700,000 from Tegel.
The early Easter and “capacity reductions by other airlines” – including the collapse of Monarch and Air Berlin and the winter withdrawal of Ryanair from the UK domestic market – also helped boost the firm’s sales performance.
Boss Johan Lundgren said: “EasyJet has delivered an excellent performance reporting a profit of £8 million, one of our best results ever in the winter trading period (excluding the one-off impact of the start-up of our Tegel operation).
“Total revenue was above £2 billion for the first time, up almost 20% year on year. This was driven by a record number of passengers.”
Mr Lundgren also revealed plans to introduce a new loyalty programme at the airline.
The figures show that EasyJet booked a £19 million charge for the sale and leaseback of 10 A319 aircraft in the period, a £1 million charge associated with an organisational review and a £4 million charge for “Brexit-related plans”.
This was on top of a £24 million charge for the integration of Berlin Tegel.
Last year, EasyJet snapped up part of Air Berlin’s operation for 40 million euro (£35.2 million), which included a raft of landing slots as well as the rights to operate passenger transport at Tegel.