Previous close | 111.90 |
YTD return | 2.78% |
Expense ratio (net) | 0.00% |
Category | N/A |
Last cap gain | N/A |
Morningstar rating | ★★★★★ |
Morningstar risk rating | Average |
Sustainability rating | N/A |
Net assets | N/A |
Beta (5Y monthly) | 0.25 |
Yield | 0.00% |
5y average return | N/A |
Holdings turnover | N/A |
Last dividend | N/A |
Average for category | N/A |
Inception date | 09 Feb 2024 |
No-frills carrier reports record quarterly £200m profit as rebound in travel industry gathers pace
The company swung to a record headline pre-tax profit of £203 million for the three months to June 30, against losses of £114 million a year ago.
Britain's easyJet would be prepared to change its routes if heatwaves change holiday habits in the years to come, the airline's chief executive Johan Lundgren said on Thursday. His comments came as the airline reported record Q3 results on the back of strong travel demand even as temperatures soared across southern Europe in recent weeks. A report by the European Travel Commission showed that tourists were taking more of an interest in travelling to more northern locales to dodge heatwaves and were booking fewer holidays to the Mediterranean in the peak summer months.