EasyJet holidays targeting 30% customer growth next year
James ChappleEasyJet holidays expects to record profits of in excess of £35 million this year, and will target 30% customer growth in 2023.
The operator, launched by budget carrier easyJet in November 2019, believes it is on course to serve 1.1 million holidaymakers in the current financial year.
In a trading update, issued on Friday morning (23 September), the operator said its mid-term ambition was to achieve pre-tax profits of £100 million.
EasyJet holidays said its growth was evidence of it capitalising on easyJet’s European leisure network, generating "strong and growing returns".
It added it was "uniquely positioned", owing to its 95% variable cost base, to "take market share" from other tour operators.
EasyJet chief executive Johan Lundgren said: "EasyJet holidays was created to meet demand from our customers for package holidays to destinations they know and love in our network.
"It has become the fastest growing holiday company in the UK and our unique business model is delivering with easyJet holidays well on track to achieve our £100m+ profit target in the medium term.”
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James Chapple
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