Total revenue of £5.05 billion was up 8.1 percent, but headline costs ex-fuel jumped 16.9 percent to £3.58 billion as currency impact added £101 million to costs.
EasyJet Plc said its fares are set to gain this winter, buoyed by the collapse of carriers including United Kingdom -based Monarch Airlines Ltd. and capacity cuts at main European rival Ryanair Holdings Plc. This was, in particular, due to a weak pound increasing costs overseas.
It has been a tough few months for the no-frills sector, with Ryanair cancelling thousands of flights largely owing to a pilots shortage. McCall said that's been a positive development, while declining to reveal which routes are benefiting.
"The first half is looking extremely positive and that is as a direct result of the dislocations in the market", McCall said on Bloomberg TV.
Shares of easyJet Plc (ESYJY.PK, EZJ.L) were gaining around 6 percent in the morning trading in London after the airline reported higher revenues, traffic and capacity in its fiscal 2017, despite weak profit.
She added that EasyJet had managed to weather a hard environment for the aviation industry.Читайте также: Christmas tree shortage could mean higher prices, even sellouts
Analysts at Goodbody said: "We think this is an important development for the group as it offers a third higher-cost market in which to operate in, with current growth focused around its operations in France and Switzerland".
Analysts are now looking to McCall's successor Lundgren to keep a tight rein on costs when he takes over on December 1, when he must also quickly get to grips with the airline's planned purchase of parts of Air Berlin. Eurowing also sees fares stabilizing next year.
EasyJet also cut its proposed ordinary dividend per share by almost a quarter to 40.9p, with total basic earnings per share dropping 30 per cent, saying it was in keeping with the firm's increased payout policy of 50 per cent of headline profit after tax. Revenue per seat was down 0.4 percent at 58.23 pounds.
Profit tax fell 30.2 percent from a year ago to 305 million pounds or 76.8 pence per share. That's in line with guidance given in October.
However, it said on Tuesday that operations at Berlin's Tegel airport would run a headline loss of around £60m in 2018, with one off costs of around £100m. The acquisition is expected to close in December 2017.
McCall joined EasyJet as CEO in July 2010 from Guardian Media Group Plc, and is returning to her roots to head up United Kingdom broadcaster ITV Plc.
She added that airline's prospects were bright.При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
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