easyJet have released their Q1 results. While passenger numbers were up 8% to 16.1m from 14.9 with capacity growing 7.3% and the load factor increased by 60bp from 89.7% to 90.3%, revenues per seat were down 7% (-3.7% at constant currency) yoy to £52.3/seat vs £56.16/seat as easyJet was impacted by the Egypt and Paris attacks. The cancellation of flights to Sharm El Sheikh is estimated to have impacted revenue per seat at constant currency by c.1.5% during the quarter whilst the d
26 Jan 2016
Solid underlying performance impacted by events in Egypt and Paris
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Solid underlying performance impacted by events in Egypt and Paris
easyJet plc (EZJ:LON) | 530 39.2 1.4% | Mkt Cap: 4,020m
- Published:
26 Jan 2016 -
Author:
Thomas Picherit -
Pages:
2
easyJet have released their Q1 results. While passenger numbers were up 8% to 16.1m from 14.9 with capacity growing 7.3% and the load factor increased by 60bp from 89.7% to 90.3%, revenues per seat were down 7% (-3.7% at constant currency) yoy to £52.3/seat vs £56.16/seat as easyJet was impacted by the Egypt and Paris attacks. The cancellation of flights to Sharm El Sheikh is estimated to have impacted revenue per seat at constant currency by c.1.5% during the quarter whilst the d