Budget carrier books strong pretax profit as summer travel demand soars
EasyJet posted a headline pretax profit of £236 million for the three months to June 30th, compared with £203 million pounds reported a year earlier. Photo credit should read: David Parry/PA WireBritain’s easyJet raised its annual forecast for its holidays division after reporting a 16 per cent increase in third-quarter group pretax profit on Wednesday, helped by strong summer travel and more customers looking for budget trips.
“We remain on track to deliver another record-breaking summer, taking us a step closer to our medium-term targets,” chief executive Johan Lundgren, who is leaving next year, said in a statement.
The London-listed airline lifted its profit forecast for easyJet holidays to more than £180 million in the full year from a previous expectation of £170 million.
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