easyJet profits fuelled by increased margins, passenger numbers

easyJet has delivered forecast-beating record profits boosted by higher margins and increased passenger numbers.

easyJet has delivered forecast-beating record profits boosted by higher margins and increased passenger numbers.

For the year ending September 30th, the budget airline increased total revenues 11.6% to £3.85bn (2011: £3.45bn). Pre-tax profits soared 27.9% to a record £317m (2011: £248m) and pre-tax profit margins grew one percentage point to 8.2%, despite a £182m increase in unit fuel costs.

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