British airline easyJet on Tuesday posted a loss after tax of £169 million ($203 million) for its financial year to the end of September, its third consecutive annual loss.
However, it was a big improvement on the previous year, during the worst of the Covid-19 pandemic, when the carrier recorded a net loss of £858 million, easyJet said.
“EasyJet does well in tough times,” said chief executive Johan Lundgren.
The budget airline flies mainly across Europe. In the summer, when airports were…