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Rising baggage charges and weakening competition helped EasyJet push up revenues per seat by 8 per cent in the three months to December, buoying investor confidence.

The mild winter also helped Europe’s second-biggest budget carrier, with an absence of snow-related disruptions boosting the number of seats flown in its first quarter and subduing unit costs other than fuel.

But innovations aimed at boosting the number of higher-paying business passengers are not yet proving drivers of top-line growth. Sir Stelios Haji-Ioannou, EasyJet’s founder and biggest shareholder, on Thursday lambasted management for trumpeting an incremental, 200,000-person rise in the number of passengers who said they were travelling on business.

source: FT.com

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