British low cost carrier EasyJet upgraded forecasts for its first-half period, saying it expected foreign currency tailwinds to provide a £20m boost, potentially helping it to overcome a usual seasonal loss.
The group - like rivals - traditionally makes a loss over the winter when fewer customers fly.
It said today it now expected to come in between a loss of £5m and a profit of £10m, compared to guidance given in January for a loss of between £10-30m.
EasyJet, Europe's second biggest low-cost carrier behind Ryanair, said the weakening of the euro against the pound was the main boost to its bottom line in the second quarter.
The airline is due to publish its first-half results on May 12.
