Budget airline EasyJet (LON:EZJ) raised their full year profit forecast to between £675m and £700m, after seeing a record number of passengers in August. In comparison, their full-year profit for 2014 was £581 million.
The airline said that it carried 7.06 million passengers in August – the second consecutive month above the seven million mark.
The load factor was a record 94.4% – up 0.2 percentage points from August last year. Ryanair (LON:RYA) yesterday disclosed a load factor of 95 percent.
Shares in Easyjet have risen 25% over the past 12 months and closed at £16.72 on Wednesday. This morning they are trading up nearly 7 percent on the news.
Carolyn McCall, easyJet Chief Executive, commented:
“These figures demonstrate the strength of easyJet – with its strong customer focus and its unique and winning combination of the best route network connecting Europe’s primary airports, with great value fares, friendly service and industry leading digital innovations.
“This platform meant that easyJet was best placed to maximise the strong late summer demand from UK passengers to get away to beach and city destinations across Europe and will enable the airline to set new records for full year revenue and profit.”
