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Last Updated: Tuesday, 7 August 2007, 06:29 GMT 07:29 UK
Cost rise hampers Easyjet profits
Easyjet plane taking off
Easyjet and other budget airlines are fighting hard to lure customers
Budget airline Easyjet has seen a drop in its earnings per seat after it had to boost its spending on marketing and UK passenger duty levels increased.

The company said that its revenue per seat was 41.46 in the three months to the end of June, 8% lower than in the same quarter a year earlier.

However, the airline carried more passengers, helping to push total revenues 5.7% higher to 486.5m.

The carrier added that its expansion outside of the UK had helped.

"Rapid growth outside the UK means 46% of Easyjet's revenues are now in currencies other than British pounds," the company said.


SEE ALSO
Easyjet to charge for all luggage
03 Aug 07 |  Business
Easyjet knocks air passenger duty
07 Feb 07 |  Business
Air tax increase comes into force
01 Feb 07 |  Business
Easyjet expands as profits soar
14 Nov 06 |  Business
Security alert cost Easyjet 4m
07 Sep 06 |  Business
Easyjet charges for second bags
01 Sep 06 |  Beds/Bucks/Herts

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