Profits fly high at easyJet but shares fail to take off

BUDGET airline easyJet is expected to shrug off costs of French air traffic control strikes over the summer to post yet another strong rise in its annual profits tomorrow.

- 

The Luton-based carrier cautioned in July that the strikes, which disrupted travel for tens of thousands of passengers, would create “significant” costs for all airlines.

It said the walkouts in early July forced it to cancel 660 flights and cost it £15 million.

Threats of further strikes in October were eventually called off.