Uncertainty about Brexit negotiations are not hurting sales at EasyJet, its CEO Johan Lundgren said today.
Mr Lundgren said the British budget airline is well-prepared should the UK leave the European Union without a deal next March.
Bookings for around that time have not seen any drop-off and those for next summer are slightly ahead of summer sales a year ago, Johan Lundgren said.
"There doesn't seem to be any concern for people to book their holidays and go away for next summer," the EasyJet CEO said.
"We've been preparing ourselves for the past two years for any scenario, a deal or a no deal," he added.
Larger rival Ryanair RYA.I has warned that depending on the deal reached, Brexit could force carriers to ground flights.
As well as setting up a new airline in Austria, Lundgren said that by the time the UK leaves the EU next year, EasyJet aims to have over 50% of its shareholders from outside the UK and from other EU countries, up from 47% currently, to enable it to comply with EU rules.
"What me and Andrew Findlay (the company's CFO) are going to do right now after today is continue to go and see European shareholders and talk to them about the story of EasyJet," the CEO said.
That story has over the last year has been one of EasyJet outperforming its rivals.
The airline today reported a 41% jump in annual profit, helped in part by the collapse of smaller rival Monarch and cancellations and strikes at Ryanair, which last month issued a profit warning.
Signalling its confidence in its future performance, EasyJet lifted its full-year payout by 43%, despite turbulence in the wider industry.
Over 2018, higher oil prices have pushed some smaller European airlines, Cyprus's Cobalt Air and Denmark-based Primera Air, out of business.
British regional carrier Flybe has also put itself up for sale after warning on profit.
Lundgren said that EasyJet was always looking for strategic opportunities but Flybe was not currently one of them.
"We have no interest in Flybe at the moment," he told reporters, adding that EasyJet had a strong balance sheet.
"We're well-hedged and in a stronger position than others to mitigate the higher fuel price environment," he said.
Despite last year's performance and its confidence on summer 2019 bookings, EasyJet stuck to a forecast for first-half revenue per seat to fall by low to mid-single digits.
Its shares were down 5.5% in London trade today as analysts said this year would be trickier than last.
"EasyJet has made significant preparations for Brexit but overall the market faces uncertainties on higher fuel costs and a likely pick-up in increased competitor capacity," they added.
