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EasyJet Sees Travel Boom Continuing Despite Living Cost Crunch

Passengers board an aircraft, operated by EasyJet Plc, at London Luton Airport in Luton, UK.

Passengers board an aircraft, operated by EasyJet Plc, at London Luton Airport in Luton, UK.

Photographer: Chris Ratcliffe/Bloomberg

EasyJet Plc expects the recovery in air travel to continue through 2023 despite consumers feeling the pinch from inflation, the latest sign of airline optimism following a stronger-than-expected Christmas travel season. 

The budget carrier is “cautiously optimistic” for this year despite consumers in its biggest markets enduring the highest inflation rates for decades. While the company hasn’t released formal guidance for this financial year, the comments suggest the airline expects the number of travelers to return close to 2019 levels.