Budget carrier Easyjet (LON:EZJ) said it did not expect a long-lasting impact from the Paris terror attacks as it reported higher profits and dividends.
Chief executive Carolyn McCall told reporters on a conference call that the atrocities had prompted a slowdown in demand as people travelled less.
But she said the business impact of previous tragedies such as the crash of a Germanwings flight in the Alps and the 7/7 London bombings had not lasted long.
"We don't expect (the impact of Paris) to be long-term or even medium-term," she said. "It's weeks rather than months."
McCall said Easyjet would offer people on Paris flights who did not wish to travel the opportunity to change or cancel their bookings.
She added that she did not currently expect any significant disruption from extra security at airports as a result of the attacks in the French capital.
But McCall said Easyjet would keep passengers as well informed as possible of any expected increase in waiting times at airports.
"Where it is necessary, security will be tightened," she added. "In many airports there are enhanced security measures that people would not even know about."
Staying in the EU
The attacks and Europe's refugee crisis have prompted some European countries to close their borders.
In the UK, it has prompted some eurosceptic politicians to criticise the European open border area known as the Schengen zone.
McCall declined to comment on whether tighter controls on movement would affect Easyjet's business.
But she said the company supported UK membership of the EU, even if premier David Cameron fails in his so-called "renegotation" of Britain's terms of membership.
She said Easyjet was a pan-European airline and only 40% of its trade was from the UK.
The airline was able to offer cheaper fares as a result of being in the EU, although less bureaucracy would help even more, she said.
"It is definitely the right thing for the UK to stay in the EU," she said.
Easyjet (LON:EZJ) reported record profits for the fifth year in a row and hiked its dividend by more than a fifth.
But shares fell 3.3% to 1724p. AJ Bell investment director Russ Mould said: "Low-cost airline Easyjet’s record full year figures were overshadowed by investors’ concerns over the effect that terrorist attacks might have on passenger numbers in the short term along with an element of profit-taking."
Easyjet said pre-tax profits in the 12 months to September 30 rose 18.1% to £686mln, in the middle of a range of between £675mln and £700mln predicted by the airline.
Management raised its expectations in September from previous guidance of between £620mln and £660mln, up from £581mln in 2014.
Pre-tax profit margin increased by 1.8 percentage points to 14.6%. The group lifted its proposed ordinary dividend by 22% to 55.2p.
Passenger numbers rose 6% to 68.6 million, with a record load factor - how full its aircraft were - in August of 94.4%.
Total revenue increased by 3.5% to £4.7bn and by 6.5% on a constant currency basis.
McCall predicted rises in passenger numbers of 7% a year.
"Our outlook for the longer term is positive. We expect demand in our markets to be sustained," she said.
Revenue per seat increased by 1.5% year-on-year on a constant currency basis, whilst capacity rose 5% to 75 million seats.
Cost per seat decrease of 3.4%, with benefit from fuel and currency. Cost per seat at constant currency excluding fuel increased by 3.6%.