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Easyjet lifts profit outlook after record August traffic

Thu, 03rd Sep 2015 06:16

LONDON, Sept 3 (Reuters) - British low-cost airline easyJet raised its full-year profit forecast by around 7 percenton Thursday after record passenger numbers in August helped tooffset the higher costs the group has faced this year.

EasyJet said it now expected full-year profit before tax tobe in a range of 675 million pounds ($1 billion) to 700 millionpounds for the year to the end of September, compared with theprevious guidance of 620 million pounds to 660 million pounds.

EasyJet said the recent strong demand had helped the groupto recover from a tricky year when it endured disruption on itsnetwork and suffered from the impact of two fires at Rome'sFiumicino airport.($1 = 0.6532 pounds) (Reporting by Kate Holton; editing by James Davey)

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