easyJet Plc reported a third-quarter headline profit before tax of 286 million pounds, up 50 million pounds from last year. Group revenue reached 2.92 billion pounds, a 10.9% increase, with passenger revenue at 1.76 billion pounds, up 9.7%. The airline saw a 2% increase in passenger numbers and a 0.5% improvement in RASK. Despite higher fuel costs and air traffic control strikes, easyJet remains positive about fiscal 2025, with good profit growth expected. CEO Kenton Jarvis projects a positive outlook for the group moving forward, with easyJet holidays set to deliver over 235 million pounds in profits for the full year.
Read more at Nasdaq: EasyJet Q3 Headline Profit Before Tax Rises; Positive Outlook For FY25