EasyJet anticipates a reduction in its first-half loss as a result of continued improvements in passenger figures and dropping fuel prices, the UK-based low-cost carrier (LCC) said Tuesday. An interim management statement for the period ended Dec. 31, 2014, the first quarter in the carrier’s financial year, saw revenue rise 3.8% to £931 million ($1.41 billion) compared to the year-ago period. Profit figures were not given. Passenger numbers were up 4.1% at 14.9 million. ASKs rose ...

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