EasyJet boosts profit forecast as unit, ancillary revenues rise

EasyJet issued new full-year profit guidance Friday, forecasting that its pre-tax earnings will increase 40%-50% rather than the 10%-15% originally predicted. It reported a net profit of £59 million ($108.3 million) for the year ended Sept. 30, 2005, based on International Financial Reporting Standards. The new guidance comes after unit revenue rose 17% in the third quarter. In June, passenger numbers climbed 15.6% over the year-ago month to 3 million and load factor increased 2 points ...