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Easyjet expands as profits soar | Easyjet expands as profits soar |
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Easyjet has reported a 56% rise in annual profits, helped by a growth in passenger numbers and new routes. | Easyjet has reported a 56% rise in annual profits, helped by a growth in passenger numbers and new routes. |
The low-cost carrier made a pre-tax profit of £129m in the year to the end of September - despite the big rise in fuel costs. | The low-cost carrier made a pre-tax profit of £129m in the year to the end of September - despite the big rise in fuel costs. |
Passenger numbers for the year were up 11.5% to 33 million. | Passenger numbers for the year were up 11.5% to 33 million. |
The airline, which lost £4m because of security alerts in August, also said it was buying 52 new Airbus A319 jets, taking its order to 104 planes. | |
The new aircraft will be delivered between 2008 and 2010. Easyjet also secured the option to buy up to 75 A320 planes. | |
Campaign | |
Easyjet's current fleet has 122 planes, flying on 282 routes on a network of 74 airports and 21 countries. | |
The airline said its fuel bill had increased by 33% over the year - the equivalent to £2.48 for each seat on a flight. | The airline said its fuel bill had increased by 33% over the year - the equivalent to £2.48 for each seat on a flight. |
Chief executive Andy Harrison said that the Easyjet fleet - with an average age of 2.2 years - meant the carrier produced about 30% less emissions per passenger kilometre than other traditional airlines flying similar routes. | |
"We welcome the Stern Review, which says that aviation accounts for just 1.6% of greenhouse gas emissions, and we have long campaigned to bring aviation into the European Emissions Trading System as soon as possible," he said. |