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Easyjet eyes £150m profit as figures remain sunny side up





Easyjet lifted its profit expectations after a rise in the number of passengers travelling from the UK to beach destinations last month boosted sales.

A total of 4.8m passengers travelled with easyJet in September, an increase of 8% compared to last year.

The airline said this would lift total revenues per seat in the fourth quarter by 6%, reflecting demand for "UK to European beach and city routes".

The group increased its profit hopes for the year to September 30 to "slightly ahead" of £150m, which was the top end of its previous forecast of £100m to £150m.

The financial impact of volcanic ash cloud disruption has also been slightly downgraded from £65m to £60m.

But this was offset by £6m of compensation costs caused by air traffic controller strikes in France, Spain and Greece in September.

Similarly positive figures from British Airways signal an upturn for the embattled air travel industry.

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Carolyn McCall, easyJet chief executive, hailed the group's performance but urged governments to step up pressure on air traffic controllers to end ongoing strike action.