Tuesday, 21 November 2017

EasyJet profits fall after 'difficult year' for aviation

EasyJet's profits have fallen during what the airline called a "difficult year for the aviation industry".

Pre-tax profits in the year to 30 September fell 17.3% to £408m, in line with guidance given last month. Passenger numbers rose 9.7%.

These are the last results overseen by chief executive Carolyn McCall, who is moving to become head of ITV.

"EasyJet's model is resilient and sustainable and we now have a huge amount of positive momentum," she said.

In early morning trade in London, shares in Easyjet were up by 4.36%

BBC     News.

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