The number of passengers carried (7.06m) increased by 6.8% and the seat load factor improved slightly to 94.4% (+0.2pts). On a rolling 12-month basis, passenger traffic was up 5.9% and the seat load factor surged to 91.4% (+1.1pts). Given the stronger unit revenue performance in August and expected in September, management revised upwards its full-year guidance. Profit before tax is now estimated to be £675-700m in 2014/15 (vs £620-660m previously). Our estimate is currently &poun
03 Sep 2015
Traffic in August: better unit revenue, full-year guidance upgraded
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Traffic in August: better unit revenue, full-year guidance upgraded
easyJet plc (EZJ:LON) | 535 -17.1 (-0.6%) | Mkt Cap: 4,055m
- Published:
03 Sep 2015 -
Author:
Hélène Coumes -
Pages:
2
The number of passengers carried (7.06m) increased by 6.8% and the seat load factor improved slightly to 94.4% (+0.2pts). On a rolling 12-month basis, passenger traffic was up 5.9% and the seat load factor surged to 91.4% (+1.1pts). Given the stronger unit revenue performance in August and expected in September, management revised upwards its full-year guidance. Profit before tax is now estimated to be £675-700m in 2014/15 (vs £620-660m previously). Our estimate is currently &poun