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The Guardian - UK
The Guardian - UK
Business
Mark Sweney

EasyJet forecasts record-breaking summer as profits jump

easyJet Ryanair Richard Hunter
An easyJet Airbus A320-214 Aircraft prepares to take off from the Nantes Atlantique Airport in Bouguenais
EasyJet’s pre-tax profits rose to £236m in the three months to the end of June. Photograph: Stéphane Mahé/Reuters

The budget airline easyJet is predicting a record-breaking summer of travel after profits jumped 16% in its most recent quarter of trading.

The bumper figures come only two days after the rival no-frills carrier Ryanair reported a plunge in earnings and a poor outlook for the holiday getaway season, pushing down many European airline stocks.

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