easyJet says annual profits surge 70 percent
British no-frills airline easyJet said today that its annual net profits soared by 70 percent despite earnings being hit by disruption to air travel caused by the Icelandic volcanic ash cloud.
Easyjet said profit after tax jumped to 121.3 million pounds (143 million euros, 194 million dollars) in the 12 months to September 30, up from 71.2 million pounds in 2008/09.
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J.Scicluna - Rabat
Nov 16th 2010, 14:52
...and how much of this profit is a direct subsidy by the Maltese Government?!
C/.Agius
Nov 16th 2010, 14:50
Is this airline one of those which is being subsidised by the Malta government?
E. Vella
Nov 16th 2010, 14:00
And our minister says that Air Malta's problems are 9/11, fuel price, sterling rates and competition. Yet so many Airlines are posting massive profits this year considering the above mentioned problems affected everyone not just Air Malta.
Qabel ma l-gvern jammetti x'inhuma il-problemi vera tal-Air Malta, mahniex ha nsolvuhom.
Fred Beach
Nov 16th 2010, 13:18
Perhaps Air Malta could ask it for a sub.
DVella
Nov 16th 2010, 12:22
Astonishing . . . ! . . . and they haven't even started to take on standing passengers yet (!)