EasyJet losses narrow to £53m

%VIRTUAL-SkimlinksPromo%Budget airline easyJet posted a smaller-than-expected winter loss today as the carrier benefited from flying a record number of business passengers.

The Luton-based airline reported a total of 27.6 million passengers in the six months to the end of March, a rise of 4%, as revenues lifted 6.3% to £1.7 billion and losses narrowed to £53 million. This was better than last year's £61 million deficit and ahead of upgraded guidance given to the City in April.