Business
easyJet plc (ESYJY) Q2 2026 Earnings Call Transcript
Kenton Jarvis
CEO, Member of the Management Board & Director
Welcome, everybody, to easyJet’s half year presentation of the results to the 31st of March 2026. I’m joined today by our Chair, Stephen Hester, and the Management Board here on the front row. We’ve already released our full presentation to the website this morning. I don’t know whether you’ve had a chance to have a look at it. But if you haven’t, I will give a brief summary now before we go through to Q&A.
So starting with our performance for the first half. The underlying H1 results were consistent with expectations and were in line with what we put out in the April trading statement, there was a very limited impact from the Middle East in terms of trading, but obviously, there was a fuel impact with volatile fuel pricing in the month of March, which caused a GBP 25 million additional cost.
Now we clearly recognize that these winter losses are not where we plan them to be when we set out the 2023 targets. And it
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