Easyjet first-half revenues increase

BRITISH airline Easyjet signalled a rise in first-half revenues per passenger yesterday and said operating margins were steady, sending its shares almost 7% higher.

The company said the effect of the Easter break falling in the six months to end-March would boost its interim results due out on May 24.

"Trading conditions have remained stable in the first half with total revenue per passenger expected to increase by between 1% to 2% over the same period last year helped by Easter falling into the period," said chief executive Ray Webster in a statement.