London: easyJet could record a profit during its first half after the pound strengthened against the euro in recent months, the British budget airline said on Thursday.
The group said it may end up with a pre-tax profit of £10 million for the six months to the end of March. easyJet, like its rivals, tends to post losses during the winter when it carries less passengers compared with the peak summer holiday season. The euro has come under heavy pressure in recent months, falling to multi-year lows against the pound and dollar on Eurozone strains and expectations that the US and Britain would soon raise interest rates.