
EasyJet's annual profits climbed on the back of rising passenger numbers and sales, the no-frills British airline said Tuesday.
Net profits, or earnings after taxation, rallied 13 percent to £450 million ($704 million, 565 million euros) in the group's financial year to the end of September, compared with 2012/13, EasyJet said in a results statement.
Pre-tax profits surged 22 percent to £581 million, which was slightly ahead of the group's own forecast.
Passenger numbers jumped seven percent to 64.8 million, as the airline also picked up business from rival Air France -- which had to cancel flights in September because of a record two-week-long pilots' strike.
EasyJet's total revenues meanwhile swelled by 6.3 percent to £4.527 billion.
"Our performance demonstrates our continued focus on cost and progress against every strategic revenue priority," said chief executive Carolyn McCall.
GMT 17:56 2018 Wednesday ,17 January
Ericsson to write down 1.4 billion euros in fourth quarterGMT 19:16 2018 Saturday ,13 January
China shuts Marriott website over Tibet error, scolds other firmsGMT 17:31 2018 Thursday ,11 January
UK group bids for Europe's biggest aluminium smelterGMT 17:24 2018 Thursday ,11 January
UK supermarket Sainsbury's lifts outlook after bumper ChristmasGMT 17:52 2018 Tuesday ,09 January
H&M removes 'black boy' ad after racism accusationGMT 19:38 2018 Wednesday ,03 January
Petrobras pay $2.95bn to settle US class action on corruptionGMT 13:49 2018 Wednesday ,03 January
China’s Ant Financial drops $1.2 billion MoneyGram deal as US approval failsGMT 17:47 2017 Sunday ,31 December
BA owner to buy bankrupt Austrian airline Niki
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor