Easyjet has raised its profit expectations for the full year, as more airline passengers chose to fly with the low-cost carrier in the wake of a two-week strike by pilots at Air France.

Easyjet said that pre-tax profits for the year are likely to be between £575 million and £580 million, up from previous guidance of £545 million to £570 million, with the strike boosting revenues by approximately £5 million.

"Easyjet has continued to execute its strategy," said chief executive Carolyn McCall. "This has enabled Easyjet to deliver record profits for the fourth year in a row. This will also lead to our largest every ordinary dividend payment as we are also proposing to increase the proportion of our profits after tax paid in dividends from 33% to 40%," she said.