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easyJet says Q1 revenue per seat lower on Paris attacks
January 26, 2016 / 7:17 AM / 2 years ago

easyJet says Q1 revenue per seat lower on Paris attacks

LONDON, Jan 26 (Reuters) - British low-cost airline easyJet said revenue per seat fell in its first quarter, as the quieter winter season was impacted by attacks in Paris and cancelled flights to Egypt, although a recovery since had put it on track to meet forecasts.

Market forecasts are for Europe’s second-largest budget airline by passengers after Ryanair to post pretax profit of 738 million pounds ($1.05 billion) for the year ended Sept. 30.

Revenue per seat declined 3.7 percent on a constant currency basis for the three months ended Dec. 31, easyJet said, adding that it had seen a pick up in bookings and a marked improvement in revenue per seat for the second quarter.

$1 = 0.7040 pounds Reporting by Sarah Young, Editing by Paul Sandle

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