Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

EasyJet April Passenger Nos, Load Factor Up - Quick Facts

EasyJet Plc (EZJ.L) Friday reported a 2.8 percentage point improvement in April 2012 to 89.3% from 86.5% last year. Total passengers, representing the number of earned seats flown, were 5.12 million, a 8.6% increase from 4.72 million in April 2011.

The company noted that earned seats include seats that are flown whether or not the passenger turns up because easyJet is a no-refund airline, and once a flight has departed a no-show customer is generally not entitled to change flights or seek a refund. Earned seats also include seats provided for promotional purposes and to staff for business travel.

For the rolling 12 months, load factor advanced 1.0 percentage points to 88.2% from 87.2% a year earlier. Passenger volumes were 7.1% higher at 56.20 million.

Click here to receive FREE breaking news email alerts for easyJet Plc and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Amazon.com, Inc. said Thursday that its second quarter loss widened from last year, as operating expenses outpaced revenue growth amid heavy spending on new technology and contents. The company's quarterly loss per share was also wider than what analysts expected, but is quarterly sales came in line with analysts' forecast. The company also forecast an operating loss for the current quarter. After failing to sustain an initial upward move, stocks showed a lack of direction throughout much of the trading day on Thursday. The major averages eventually closed nearly unchanged, turning in a mixed performance for the second straight day. New home sales in the U.S. showed a notable decrease in the month of June, according to a report released by the Commerce Department on Thursday, with the steep drop offsetting the jump seen in the previous month.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.