EasyJet Annual Profit Rises as Business Appeal Draws Traffic
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EasyJet Plc, Europe’s second-biggest discount carrier, said full-year profit increased at least 48 percent as the U.K. company attracted more corporate and leisure customers on routes where network carriers are withdrawing.
Pretax profit for the 12 months to Sept. 30 will be in the range of 470 million pounds to 480 million pounds ($763 million to $779 million), EasyJet, which had year-earlier earnings of 317 million pounds, said today in a statement. That compares with the 471 million-pound average estimate of 20 analysts.