EasyJet Plc: Q1 Performance In Line With Expectations - Quick Facts

easyJet Plc (ESYJY.PK,EZJ.L) said its first quarter financial performance was in line with management expectations. Total group revenue decreased by 88% to 165 million pounds. Passenger revenue decreased by 90% to 118 million pounds. Ancillary revenue decreased by 84% to 47 million pounds.

First quarter passenger numbers decreased by 87% to 2.9 million. Capacity declined 82% to 4.4 million seats. Load factor decreased by 26 percentage points to 66%.

easyJet currently expects to fly no more than approximately 10% of second quarter 2019 capacity for the second quarter of fiscal 2021.

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