easyjet forecasts record profits after bumper summer
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

EasyJet forecasts record profits after bumper summer

Arab Today, arab today

Arab Today, arab today EasyJet forecasts record profits after bumper summer

Low cost airline carrier EasyJet
London - AFP

British low-cost airline EasyJet on Thursday raised its forecast for pre-tax annual profits to a record high of up to £700 million (952 million euros, $1.1 billion) thanks to high summer traffic.

The company said it expected profits in a range of £675 million to £700 million for its accounting year between October 1 and September 30.

That was up from its previous forecast of £620 million to £660 million, helped along by a surge in Britons taking last-minute holidays during a particularly rainy month of August.

EasyJet said passenger numbers in August reached a record 7.06 million, following a July in which passenger numbers were also above 7 million.

It said its strong revenues were offset by the impact of two fires at Rome Fiumicino airport this year and a strike by air traffic controllers in France.

"These figures demonstrate the strength of EasyJet," the airline's chief executive Carolyn McCall said in a statement, emphasising its "strong customer focus" and "industry-leading digital innovations".

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