Revenue Alert As Rivalry Bites

Daily PostNovember 24, 2004

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Summary


BUDGET airline Easyjet yesterday pledged to carry on cutting costs as it warned intense competition in the low cost sector and soaring fuel prices would hit revenues this winter.

The carrier, which operates flights to 13 destinations out of Liverpool John Lennon Airport (JLA), yesterday reported pre-tax profits for the year to September 30 of pounds 62. 2m.

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Extract


Revenue Alert As Rivalry Bites

This was a 21% improvement on 2003 and better than the pounds 52m forecast just a few months ago....

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