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easyJet unveils winter losses

Senior executives say they've managed to cut costs, boost margins and increase capacity

Luton based airline easyJet has posted smaller-than-expected winter losses as the carrier benefited from flying a record number of business passengers.

The airline reported a total of 27.6 million passengers in the six months to the end of March, a rise of 4%.

Revenues lifted 6.3% to £1.7 billion Credit: ITV News Anglia

The business, which has courted more lucrative business customers through seat allocation and priority boarding, said it flew a record 12 million business passengers in the year to March.

Senior executives say they've managed to cut costs, boost margins and increase capacity.