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EasyJet sees £100 million currency hit following Brexit vote

Airlines
Jennifer Morris
6 October 2017

EasyJet’s profits are expected to be between £405 million and £410 million, despite a £100 million currency hit.

The carrier will boost capacity to destinations

Passenger numbers for the three months ending September 30 were a record 24.1 million, driving a load factor of 95.6%.


Passengers have benefitted from low summer fares across the network, easyJet said, particularly on beach markets from the UK.

The airline has also grown capacity by 8% in the final quarter compared to last year.

Headline cost per seat excluding fuel at constant currency is expected to increase by around 1% for the full year, in line with guidance.

EasyJet said it remained focused on cost however, and has continued to drive “structural improvements”, such as longer-term capacity-related deals with airports.