EasyJet to expand holiday business as it reduces losses

Airline denies fares will rise overall this summer and says it will launch a loyalty scheme

EasyJet is planning to expand its holiday business and set up a new loyalty scheme as it targets a 30% leap in profits this year.

The airline – boosted by the collapse of rivals such as Monarch and Alitalia last year – made a rare operating profit during the traditionally loss-making autumn and winter months. Its headline figure of £8m did not include heavy losses at its new Berlin Tegel operation, acquired from Air Berlin in January.

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