EasyJet reported a 16% increase in pre-tax profits to £236 million for its third quarter ending June 2024, driven by an 8% rise in passenger numbers and strong ancillary revenues. The airline's total revenue climbed 11% to £2.63 billion, reflecting higher ticket sales and a booming holidays business. EasyJet's performance starkly contrasted with its rival Ryanair, which experienced a 46% drop in profits for the same period. CEO Johan Lundgren attributed the success to EasyJet's extensive network and value proposition, predicting a record-breaking summer despite challenges like European air-traffic control issues. The positive outlook extends into fiscal 2024, with EasyJet expecting to sell around 100 million seats. Investor confidence remains high, bolstered by the airline's robust performance and future projections.