EasyJet Profits Ahead of Expectation
By Henry Tyler
Font Scale: 
Posted 06 October 2006 @ 12:27 pm GMT
EasyJet today reported in a statement that its revenue in September was “slightly ahead of expectations.” Passenger growth for the financial year was 11.5%.
Article Tags 
easyjet expectations pretax profits
Unit revenue (total revenue per seat) increased by 7.8% from the previous year. easyJet is now predicting a pre tax profit to be ahead of its previous prediction of 40% to 50% growth.
EasyJet has also been expanding on its position as the largest budget airline in Spain, by announcing six new routes from Madrid as well as increasing freqency of existing routes from Madrid.
EasyJet’s preliminary results for the year ended 30th September 2006 will be announced on 14th November 2006.
This article is copyrighted by the International Business Times.
Most Popular Stories
Top Stories on Companies
- 1 RBS gets Chinese approval for Suzhou stake
- 2 JPMorgan to cut 9,200 Washington Mutual jobs
- 3 RBS says govt to take 57.9 percent stake
- 4 BHP gloomy on short term
- 5 BT cutting 10,000 jobs as part of costs drive
- 6 Kingfisher to double Polish arm as migrants return
- 7 UBS says infrastructure fund raises $1.5 billion
|
|
