The carrier saw underlying pre-tax profit rise 14% to £907 million in 2017/18, with its mainline international division increasing earnings by 7% to £226 million despite a 4% increase in capacity.
“These numbers show a company that’s delivering across the board,” said chief executive Alan Joyce. “This record result comes despite higher oil prices. We’re facing another increase to our fuel bill for FY19 and we’re confident that we will substantially recover this through a range of capacity, revenue and cost efficiency measures, in addition to our hedging programme,” he added.
