EasyJet raises profit forecast
EasyJet’s revenue rose 16% in the third quarter to £1.39 billion, it announced today.
The airline, whose chief executive Carolyn McCall is leaving to join ITV, said the rise in revenue for the three-month period was largely due to the later Easter, higher load factors and an ‘improved environment’.
It said profits for the full year were likely to be between £380 million and £420 million, which is more than the original £375 million forecast.
Passenger numbers were up 10.8% to 22.3 million, while load factors were up 1.1 percentage points to 93.1%.
McCall said: "Our purposeful and disciplined growth continues to strengthen our market positions and we are seeing an underlying improving revenue trend.
"Our continuing product and digital innovation is generating revenue growth. Our underlying cost control is strong, while our investment in resilience is delivering results in our operational performance.
"Although we expect capacity to continue to put pressure on yields, our progress this year has enabled us to upgrade this year’s forecast and demonstrates that after a difficult 18 months of external challenges easyJet once again has positive momentum."
Linsey McNeill
Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
In Italy, the Meloni government congratulates itself for its tourism achievements
Singapore to forbid entry to undesirable travelers with new no-boarding directive