Overview

• Johan Lundgren will step down as EasyJet CEO in January 2025 after seven years in the role.
• Kenton Jarvis, the current CFO, will succeed Lundgren as CEO, ensuring a smooth transition.
• EasyJet reported a 22% increase in sales for the first half of the year, reaching £3.3 billion.
• Despite geopolitical disruptions, EasyJet narrowed its pre-tax losses to £350 million from £411 million.
• The company remains on track for strong summer performance and expects annual pre-tax profit to exceed £1 billion.