Easyjet hails record month

Easyjet hails record month

EasyJet is set to see the airline deliver better-than-expected profits after enjoying a record August.

The no-frills carrier said it flew 7.1 million passengers last month after a surge of late bookings as tourists headed for beach and city destinations across Europe.

EasyJet upped its annual profit outlook to between £675m and £700m for the year to September 30 after the bumper August performance, which is set to see the group post its fifth year in a row of record annual pre-tax profits.

The group was previously expected to report profits of between £620m and £660m.

Paul Moore, spokesman for easyJet, said: “People have realised that the strong pound against the euro is really making their money go further on holiday.”

The most popular destinations for UK sun-seekers were Malaga, Alicante, Faro and Palma, while Barcelona was also a top pick for those looking for a city and beach experience, according to easyJet.

The pound has surged against the euro over the past year due to economic woes across Europe and expectations of an interest rate hike in the UK.

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