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EasyJet reveals it has 'benefited from Ryanair cancellations' in trading update

Air
Jennifer Morris
28 September 2018

EasyJet is expecting full-year 2018 headline profit before tax of between £570-£580 million despite “disruption across Europe”.

EasyJet's Johan Lundgren says the UK market is now outperforming other European countries

In a trading update the airline said it would deliver a strong performance in the fourth quarter “with robust customer demand driving outperformance in both our passenger and ancillary revenue growth, and strong profitability”.

EasyJet admitted disruption across Europe – European industrial action and air traffic restrictions – continued to be “an industry wide issue” and was having an impact on revenue, cost and operational performance.

The airline added it had seen improved performance at Berlin Tegel, reducing the expected headline loss to around £115 million, along with further savings in integration costs.