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EasyJet upgrades forecast by 25%

29 March 2014

EasyJet has upgraded its first-half results forecast by 25%, sending its shares close to an all-time high on the back of tight cost control and the popularity of its allocated seating programme.

EasyJet has over the last year stolen a march on bigger budget rival Ryanair by introducing measures such as allocated seating and allowing passengers to change their flights in a bid to appeal to business travellers.

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