Easyjet profit triples

Easyjet has seen profits almost triple as passenger numbers rose and fuel became cheaper.

The carrier made profits of £154m in the 12 months to September, up from £55m a year earlier.

Passenger volumes increased by eight per cent in the year to £49m, helping to push its share of the European market up to 7.6 per cent – one per cent up on a year earlier.

Fuel costs were down nine per cent.

The company also said it would pay its first dividend - but not until 2012.