EasyJet Projects Record Summer as Profits Surge 16%

The airline's strong performance contrasts with Ryanair's recent profit warning, boosting investor confidence.

EasyJet reported a 16% increase in third-quarter pre-tax profits to £236 million.
The airline's summer flight schedule is 69% booked, with no signs of softening demand.
EasyJet Holidays division saw a 48% rise in annual profit forecast, driven by strong demand.
Ryanair's recent profit warning had initially dampened investor sentiment in the sector.
EasyJet's shares rose 8%, reflecting renewed market optimism.