30 October 2014 | travelweekly.co.uk business Essential news, comment and analysis TOP STORY BALANCING ‘IT’S A ACT’


EasyJet chief executive Carolyn McCall expects profits to rise by £100m


EASYJET BOSS CAROLYN MCCALL


SAYS THE CARRIER’S NETWORK, COSTS AND CUSTOMER


FOCUS WILL RESULT IN A SURGE IN PROFITS. BY LEE HAYHURST


EasyJet expects to increase profits by up to £100 million this year to £580 million and predicts a return to a better balance of capacity supply and demand. The budget carrier’s chief


executive, Carolyn McCall, made the forecast at a Travel Weekly Business Lunch hosted by Google in London and attended by 100 senior industry executives. Speaking ahead of the airline’s end-of-year trading


72 • travelweekly.co.uk — 30 October 2014


announcement, McCall said easyJet was “within guidance” set out to the City for full-year trading. “We will probably make


anything between £80 million and £100 million more profit year on year [for the year to September 30]. That is because we have been really focused on delivering our strategy and that is about our network and our customer and keeping a very tight rein on costs. “We believe that if we get those


things in balance and we do all of those things well, then actually we will deliver solid numbers, unless there is some external event that we can’t control. We are focused on what we do and the financial results come after that.” Asked about industry data that


indicated firms were overoptimistic in increasing capacity this year, leading to prices being slashed,


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