EasyJet has set its course towards achieving regular profits of £1 billion as it recorded annual pre-tax earnings of £610 million, a 34 per cent increase on the prior year.
Johan Lundgren, signing off as the carrier’s chief executive after seven years which included the Covid pandemic and the need to save the airline through rescue refinancing, praised its success in relaunching the concept of the package holiday, with his creation easyJet Holidays accounting for more than 30 per cent of group profits.
“This strong performance reflects the effectiveness and execution of our strategy as well as continued popularity of our flights and holidays,” said Lundgren, 58, who hands over the controls to his finance director Kenton Jarvis at the turn of the year.
“It