Passenger numbers ascend, but cancellations almost double at easyJet

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Sharecast News | 06 Jul, 2016

Updated : 07:40

Low cost airline easyJet reported a 5.8% jump in passengers for the month of June on Wednesday, with 6.94m customers taking to their orange jets, compared with 6.56m in June 2015.

The FTSE 100 firm’s load factor for the month was 94.1%, up 1.4 percentage points from the 92.7% figure the same time last year.

On a rolling 12 month basis, easyJet carried 71.87m passengers to the end of June, up 7.1% from the 67.11m it carried in the year to June 2015.

Its 12 month rolling load factor was 91.5%, up 0.3 percentage points from 91.2% in June last year.

Cancellations almost doubled over last year, however, with the company’s board saying that during the month “there were 852 cancellations for the month which compares to 487 for June 2015.”

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