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Indie band helps boost easyJet

easyJet: Better-than-expected summer Credit: Barry Batchelor/PA Wire/Press Association Images

Budget airline easyJet has enjoyed a better-than-expected summer thanks to cheaper fuel costs and a summer advertising campaign.

The Luton-based airline announced pre-tax profits would be £280m and £300m in the year to September 30, up from previous guidance of £272m and last year's £248m.

easyJet attributes the rise in revenue to its commercial featuring music from Liverpool band The Wombats.

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Losses for Luton based airline EasyJet

The Luton based airline EasyJet made losses of 112 million pounds Credit: ITV Anglia

The Luton based airline EasyJet made losses of 112 million pounds in the six months over winter - but that was better than the previous year. The airline says that while trading conditions remain extremely difficult the mild winter offset a further jump in fuel costs.

It flew just over 25 million passengers during the six months.

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