Budget airline easyJet has revealed boss Johan Lundgren will step down in 2025 after seven years at the helm as it reported improved half-year losses. The carrier said Mr Lundgren, who became chief executive in December 2017, will leave early next year and will be succeeded by chief financial officer Kenton Jarvis, who has been with the group since February 2021. Details of the planned change at the top came as the group reported a headline pre-tax loss of £350 million for the six months to March 31, narrowed from losses of £411 million a year ago, and forecast strong profits growth for the full year. EasyJet chairman Sir Stephen Hester said: “We are sad that Johan will retire from easyJet. “He has done an excellent job as our chief executive since December 2017, steering the company through the immense challenges of the Covid period, and setting up a clear strategy and strong execution plan.” He added that his successor Mr Jarvis had “impressed since joining easyJet in 2021, is fully bought in to the plan and will hit the ground running”. Mr Lundgren said: “There are important things still to accomplish over the balance of the year, but when...