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EasyJet's annual net profit drops 30.2 percent

The net profit of cheap airline easyJet in its last year, completed in September, was 305 million pounds (344 million euros), which represents a fall of 30.2% compared to the same period of the previous year, the company reported today.

London, Nov 21 (EFE). - The net profit of the airline easyJet cheap airline in its last year, completed in September, was 305 million pounds (344 million euros), which represents a fall of 30.2% compared to the same period of the previous year, the company reported today.

In a statement sent to the London Stock Exchange, easyJet said that the Profit before taxes was in the period (September to September) of 408 million pounds (456 million euros), a decline of 17.3% over the previous year.

Revenue total of the British airline were in the year of 5,047 million pounds (5,652 million euros), representing an increase of 8.1% over the same period of the year previous.

According to the company, easyJet registered a record number of passengers of 80.2 million, an increase of 9.7% over the previous year, while the load factor was 92.6% compared to 91.6% the previous year, which reflects the strong position of its air network.

EasyJet stressed that it is focused on a rigorous control of costs and highlighted the resistance of its business model.

As for the outlook for the future, the airline pointed out that it will continue with its investment strategy to achieve profit growth and trusts to increase the capacity for fiscal year 2018 by around 6%.

The CEO of the company, Carloyn McCall, said that it is a good performance of the airline despite This has been a difficult year for the aviation industry.

He added that he is confident of achieving a leading position in the main airports in Europe, thanks to the good service of customer service in a period when some airlines have had difficulty operating.

"The easyJet model is tough and sustainable," McCall said.

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