The depreciation of sterling against the dollar has made the foreign exchange headwind particularly pronounced, EasyJet admitted.
By the end of the financial year, the firm anticipates exchange rate fluctuations will result in a net adverse impact of £90m, an increase of £35m since 23 June.
Despite the higher levels of disruption and adverse exchange rate fluctuations, passenger numbers for the three months to 30 September 2016 reached a record 22 million with more individuals taking advantage of lower fares.
The low-cost carrier said revenue per seat was done 8.7% compared with the previous year. Capacity also rose by 6.1% in the fourth quarter.
Carolyn McCall EasyJet chief executive said the firm has been “disproportionately affected by extraordinary events this year” but she remained resolute that the airline’s “excellent network, cost control and revenue initiatives and our strong balance sheet” would see them through.
“The current environment is tough for all airlines but history shows that at times like this the strongest airlines become stronger,” she stressed.
