Low-cost airline easyJet raised its full-year profit forecast by around seven per cent after record passenger numbers in August helped to offset the higher costs the group has faced this year.
EasyJet said it now expects full year pre-tax profit of between £675m and £700m for the year to the end of September, compared with the previous guidance of £620m to £660m.
The group carried a record 7.06 million passengers in August, as Britons escaped the dire summer weather at home for sunnier climes abroad.
EasyJet said recent strong demand has helped the group to recover from a tricky year when it endured disruption on its network and suffered from the impact of two fires at Rome’s Fiumicino airport.
The group’s chief executive Carolyn McCall said: “These figures demonstrate the strength of EasyJet - with its strong customer focus and its unique and winning combination of the best route network connecting Europe’s primary airports, with great value fares, friendly service and industry-leading digital innovations.
“This platform meant that easyJet was best placed to maximise the strong late summer demand from UK passengers to get away to beach and city destinations across Europe and will enable the airline to set new records for full-year revenue and profit.”