EasyJet expects higher profit following the results of the fiscal year 2018


British airline EasyJet said that in the fourth financial quarter the demand for its services was quite high, thanks to which strong quarterly indicators were recorded. Against this background, the company improved its forecast for a number of indicators for the 2018 financial year. It is expected that the annual profit before tax will increase to 570-580 million pounds sterling. The volume of passenger traffic will increase by 5.4%. According to EasyJet, this year the traffic load will increase by 1 percentage point. Revenues are expected at 5 billion 895 million pounds. The carrier predicts a year-on-year increase in fuel costs by 15 million pounds, compared with the previous forecast of up to 1 billion 200 million pounds.

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