EasyJet profits climb as package holidays sell well despite price rise

Travel firm says package destinations are Majorca, Tenerife, Costa Blanca, Dalaman and Lanzarote

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EasyJet has reported a rise in annual profits as strong demand for its package holidays to destinations including Tenerife and Lanzarote offset more difficult trading for its airline.

Europe’s second-biggest budget airline upgraded its outlook for its holidays division, where it raised prices by an average of 5% to £698 for each break.