The carrier is due to fully detail its earnings in the year to September 30 on November 15, but has issued a trading statement outlining its current position. Passenger numbers for July, August and September reached a record 22 million with load factors of 93.9%.
Low oil prices drove capacity growth of 6% in the second half of the financial year, but revenue decreased by an estimated 8.7% year-on-year in the fourth quarter following disruption from terrorism in key markets. The airline has also predicted it will take a hit of around £90 million in its full year results, due to exchange rate movements.
