EasyJet forecasts soaring annual profit

London (AFP) - British low-cost airline EasyJet forecast Wednesday that annual profits would rise by almost 14 percent, buoyed by demand for beach holidays in Europe.

Shares surged after EasyJet predicted pre-tax profit would grow to between £620 million and £660 million ($969 million and $1.03 billion, 885 million euros and 942 million euros) in its 2014/2015 financial year to the end of September.

That compared with £581 million in the company's previous fiscal year, EasyJet said in...

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

London [+]    AFP [+]    EasyJet [+]    Europe [+]    Shares [+]   

More from #news