Impressive results from easyJet

Low cost airline easyJet reports that its profits before tax for the year to 30 September 2014 have increased by a magnificent 21.5% over the corresponding results for 2013

Impressively behind the headline figures are the following important improvements:

• revenue per seat increased by 1.2% on a reported basis
• cost per seat fell by 1.2% on a reported basis
• seats flown grew by 5.1% to 71.5 million
• load factors increased by 1.35 to 90.6%
• passenger number rose by 6.6% to 64.8 million

To read more about easyJet's results click here 

RyanAir reports increased profits

No frills carrier RyanAir has announced a 32% increase in its half-year profits to give a whopping 795m Euros.

The result was achived through increasing passenger numbers by 4%, fares increasing by 5%, and overall costs being reduced by 2%.

The airlines 'Always getting Better' program is reported to be paying dividends,as well as the continued popularity among travellers for using the low cost carriers

For more information click here