EasyJet shares are up by nearly 50% over the past year, notes wealth platform Hargreaves Lansdown, and that is after a pullback since early summer.
Higher crude prices and worries over consumer spending have hit investors sentiment, but the mood from the airline should still be buoyant HL suggests.
After a third quarter trading update in June chief executive Johan Lundgren a 90% load factor and a 28% increase in ancillary revenues to boost total revenue per seat by 23%.
For the fourth quarter, Lundgren added revenue per seat would rise by more than 10% year-on-year, costs would be flat and easyJet holidays would make another £50 million.
Consensus forecasts are now for revenues of £8.2 billion, up 42% and pre-tax profit of £450m.
Consensus for 2024 is for a further rise to £552m in the following year, by when the flow of new aircraft from Airbus should really be starting start to make an impact.