EasyJet Annual Profit Rises 40% On Package Holidays

EasyJet created a holiday division in 2019 (Credit: AFP)

British no-frills airline EasyJet on Wednesday reported a 40-percent rise in annual net profit on strong demand for its package holidays.

Profit after tax stood at GBP452 million ($569 million) in the 12 months to the end of September, building on its return to profit last year following losses in the wake of the Covid pandemic.