easyJet released a complex set of Q3 results due to the multiple external factors which have accumulated since the beginning of the year to make the life of airlines particularly difficult in recent times. Passengers transported were up 5.8% to 20.2m in Q3 16 vs. 19.1m reflecting the 5.5% capacity increase from 20.8m seats flown to 21.9m. In addition, the load factor continued to improve, climbing to 92% from 91.7%. Although the load factor was strong, group revenues fell some 2.6% to £
21 Jul 2016
Short-term pains hiding network value growth
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Short-term pains hiding network value growth
easyJet plc (EZJ:LON) | 530 0 0.0% | Mkt Cap: 4,017m
- Published:
21 Jul 2016 -
Author:
Thomas Picherit -
Pages:
3
easyJet released a complex set of Q3 results due to the multiple external factors which have accumulated since the beginning of the year to make the life of airlines particularly difficult in recent times. Passengers transported were up 5.8% to 20.2m in Q3 16 vs. 19.1m reflecting the 5.5% capacity increase from 20.8m seats flown to 21.9m. In addition, the load factor continued to improve, climbing to 92% from 91.7%. Although the load factor was strong, group revenues fell some 2.6% to £