During this period, easyJet carried 89.7 million passengers, reflecting an 8% year-on-year increase, driven by an expanded network and new routes.

easyJet achieved a significant milestone by reaching 100 routes to and from Portuguese airports, reinforcing its leadership position in key markets like Madeira and Porto.

Kenton Jarvis, the incoming CEO, expressed optimism about the airline's future, focusing on growth in longer leisure routes such as North Africa and the Canary Islands.

The airline intends to increase its full-year dividend to 12.1p per share, up from 4.5p the previous year, signaling confidence in its financial stability.

In addition to its financial successes, easyJet launched nine new routes to Portugal, enhancing its connectivity and service offerings.

easyJet has announced a remarkable 34% increase in annual profits for the year ending September 2024, achieving a pre-tax profit of £610 million, up from £455 million the previous year.

CEO Johan Lundgren, who will depart in January 2025, credited the profit surge to effective strategy execution and the sustained popularity of easyJet's services.

The airline also reported an 8% increase in bookings for 2024 compared to the previous year, maintaining a high occupancy rate of 92% for flights from Portuguese airports.

easyJet plans to propose a dividend of 20% of profits to be paid at the beginning of 2025, reflecting its strong financial performance.

Jarvis emphasized that these results are a significant step towards easyJet's goal of generating over £1 billion in annual profit before tax.

Total fuel costs rose by 9% to £2.2 billion, influenced by rising oil prices amid ongoing geopolitical tensions.

The company successfully reduced its winter losses by £40 million compared to the previous year, thanks to operational efficiencies and improved aircraft utilization.