Unit revenue trends point to easyJet indicating a winter H1 loss before tax as significantly better than H1 22 (-£545m), with H2 ticket yields continuing the trend from H1. However, load factors are behind FY19 levels as the later booking pattern continues. Based on current high levels of demand and strong bookings, easyJet anticipates beating the current market profit expectations for FY23 (PBT £126m, Davy £275.2m).
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