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Planes, trains & automobiles help FTSE higher

It was a case of planes, trains and automobiles for the FTSE today as key indices flew higher. EasyJet (EZJ), International Consolidated Airlines (IAG), Lookers (LOOK) and Go-Ahead Group (GOG) were in the news. Sentiment was helped by gains on Wall St as the US trade deficit narrowed.

Go-Ahead profits up

Go-Ahead Group's overall profits rose by 11.1% in the year to 27 June, slightly ahead of its expectations. But it warned that the bus division would not achieve an operating profit of £100m until 2016-17, a year later than originally anticipated.

Forbidden losses

Forbidden Technologies posts operating losses of £1.4m for the six months to the end of June, up from £1.2m a year ago. Revenue was 6% lower at £327,000.

EZJ guides

Low-cost airline easyJet has increased its profit before tax guidance for the year to 30 September to £675m-£700m from £620m-£660m. The load factor for August was 94.4%, a new record at easyJet for any month.

Dart's start

The good start that Dart Group made to the financial year has continued with strong summer trading in its Leisure Travel business, shareholders at the annual general meeting today will be told.