Tag: profits

EasyJet reports record third quarter profits – Business Traveller
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EasyJet reports record third quarter profits – Business Traveller

EasyJet has published its latest trading update, showing record profits, increased revenue per seat and strong demand for its easyJet Holidays division. The low-cost carrier made £203 million before tax in the third quarter ending 30 June, a £317 million improvement on the same period of last year. Passenger growth was up 7 per cent year-on-year, and the airline also recorded a 23 per cent increase in revenue per seat. In particular the group’s easyJet Holidays division “continues to outperform”, recording a £49 million profit before tax for the third quarter. EasyJet said that winter holiday bookings were up over 100 per cent year-on-year. The group said that based on current booking trends it expects the fourth quarter to deliver another record profit before tax performance, with reven...