EasyJet profits get a lift from sun-seekers

Holidaymakers jetting off to take advantage of the strong pound and escape last month’s rain helped EasyJet notch up a record August, and the budget airline now says it expects to deliver better-than-expected profits. The no-frills carrier said it flew 7.1 million passengers last month after a surge of late bookings as Britons headed for beach and city destinations across Europe, boosted by the strength of the pound against the euro.
EasyJet reported a bumper month in August, with record passenger numbers, and now predicts better-than-expected profits. Picture: Ian GeorgesonEasyJet reported a bumper month in August, with record passenger numbers, and now predicts better-than-expected profits. Picture: Ian Georgeson
EasyJet reported a bumper month in August, with record passenger numbers, and now predicts better-than-expected profits. Picture: Ian Georgeson

EasyJet upped its annual profit outlook to between £675 million and £700m for the year to 30 September after the bumper August performance, which is set to see the group post its fifth year in a row of record annual pre-tax profits.

It was previously expected to report profits of between £620m and £660m.

The most popular destinations for sun-seekers were Malaga, Alicante, Faro and Palma, while Barcelona was also a top pick for those looking for a city and beach experience.