EasyJet is forecasting better results due to a fall in oil prices and the euro.
The low cost airline announced in its first half year results that it is expecting between a £5 million loss and £10 million profit for the six months ended 31 March.
The airline’s previous guidance suggested a pre-tax loss £10 million to £30 million.
EasyJet’s chief executive, Carolyn Mc Call said: “easyJet has performed well in the first half of the year and has continued to deliver its strategy of making travel easy and affordable for passengers.
“We continue to expect that lower fuel costs will be beneficial for our customers as fares adjust. easyJet continues to be well positioned to deliver sustainable returns to shareholders due to its compelling network, low cost base and strong balance sheet.”
