Budget airline easyJet increased its full-year pre-tax profit by 9 per cent to £665 million as it enjoyed a strong summer season and benefited from improved operational performance.
The UK-based carrier said that its total revenue for the year ending on 30 September also rose by 9 per cent year-on-year to £10.1 billion. Passenger numbers went up by 4.2 per cent to 93.4 million for the year with an improved load factor of 89.8 per cent.
During the key summer quarter between July and September, easyJet carried 28.1 million passengers – up by 1.5 per cent on the same quarter in 2024.
Kenton Jarvis, easyJet's CEO, said: "Since setting our medium-term targets in 2023 we have made significant progress, delivering a 46 per cent improvement in profit before tax, adding 9 per cent this year through the continued, successful execution of our strategy.
"Our focus on investing in operations and enhancing customer experience, providing the warmest welcome in travel, has delivered improved punctuality, enhanced customer satisfaction and cost efficiencies this year.”
Both passenger and ancillary revenue rose by 6 per cent compared with 2024, while sales from its holidays division increased by 27 per cent year-on-year.
EasyJet highlighted its improved punctuality during the year, with its on-time performance (OTP) improving by 3 percentage points to 72 per cent, while customer satisfaction scores increased to 80 per cent.
The airline has concentrated on offering more city and longer routes in the past year, including the opening of new bases at Milan Linate, Rome Fiumicino and London Southend, as well as closing two “underperforming” bases at Toulouse and Venice. In the current financial year, easyJet is also planning to open bases at Newcastle and Marrakech in Morocco.
EasyJet said that it expects capacity for the 2025-2026 financial year to grow by 7 per cent year-on-year, as measured in available seat kilometres (ASKs). The airline said it had sold 81 per cent of its seats for the current quarter up to 31 December, with 26 per cent of seats so far sold for the first three months of 2026.