LOW-COST carrier EasyJet is expected to reveal this week that holidaymakers’ rising demand for beach breaks and ski weekends has given profits a lift.
The airline, which is led by chief executive Carolyn McCall, hiked its full-year guidance just weeks ago to between £675 million and £700m after a bumper August performance, which is set to see the group post record annual pre-tax profits for the fifth year in a row. Last year the group turned in a pre-tax profit of £581m.
The most popular destinations in the summer were Malaga, Alicante, Faro and Palma, while Barcelona was also a top pick for those looking for a city and beach experience.
Numis analyst Wyn Ellis said: “With fuel prices continuing to be low and, generally, improving economic growth trends across Europe, we believe that the outlook continues to be positive.”
He added that passenger demand is being driven by attractive prices, effective online marketing and high levels of customer service and quality.