easyJet Reports Record Profits Driven by Holidays and Increased Capacity

The airline achieved a 34% rise in annual pre-tax profits and plans further growth in flights and holiday packages.

easyJet recorded a 34% increase in pre-tax profits to £610 million for the year ending September 2024, supported by a strong summer performance.
Revenue rose by 14% to £9.3 billion, with package holiday sales growing 47% year-on-year to £1.1 billion and customer numbers up by 36%.
The airline increased its capacity by 8%, operating 558,960 flights and carrying 89.7 million passengers, while maintaining a stable load factor of 89.3%.
Despite rising fuel costs and inflationary pressures, easyJet plans to increase its capacity by 3% and grow holiday customer numbers by 25% in the coming year.
Outgoing CEO Johan Lundgren highlighted the company's progress toward its £1 billion annual profit target, with CFO Kenton Jarvis set to succeed him in January.