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Last Updated: Monday, 7 November 2005, 08:14 GMT
Easyjet sees passenger increases
Easyjet plane in flight
Easyjet has raised its profits forecast to �62.2m for the year
Budget airline Easyjet saw passenger numbers rise to 2.73 million in October 2005, up 13.7% compared to a year ago.

The Luton-based carrier said its load factor, an indication of how many seats on an aircraft are taken, was 85.6%.

Easyjet and rival Ryanair are getting ready for winter, a traditionally quiet time, after a summer of fuel rises.

Chief executive Ray Webster is to retire in December and will be replaced by Andrew Harrison, the former head of UK motoring services firm RAC.

Takeover speculation

Last month FL Group, owned by Hannes Smarason, boss of Icelandair, raised its stake in the airline by 1% to 15%, prompting takeover speculation.

Analysts have warned any takeover move would be tricky as Easyjet's owner Stelios Haji-Ioannou and his family are reluctant to sell the 40% stake they hold in the business.

And back in August, Mr Smarason played down claims he was lining up a bid for the UK airline.

In August Easyjet raised its profit forecast for the year to October 2005 to match last year's �62.2m ($110.4m).

The low-cost carrier said its passenger numbers for the year to November rose 20.4% and total revenue was up 21.8% to �1.36bn.




SEE ALSO:
Icelandic firm ups Easyjet stake
26 Oct 05 |  Business
Easyjet bid rumours played down
12 Aug 05 |  Business
Easyjet enjoys May passenger rise
07 Jun 05 |  Business
Fuel costs to dent Easyjet profit
24 May 05 |  Business
Jump in Easyjet passenger numbers
09 May 05 |  Business
Low-cost carrier ups the frills
09 Feb 05 |  Business


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