UK budget carrier easyJet reported a full-year net income of £450 million ($705 million), up 13% from a £398 million profit in the year-ago period, marking its fourth year of record profits. The results follow easyJet’s continued focus on business travelers and its “Lean” cost management program. “This strategy has opened up clear blue skies between us and all our competitors, whether legacy or low-cost,” easyJet CEO Carolyn McCall said, addressing ...

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