EasyJet February traffic up but load factor slips
Low-cost airline EasyJet reported a rise in passenger numbers in February but a slip in the load factor.
easyJet
519.20p
16:44 20/09/24
-1.59%
-8.40p
FTSE 100
8,229.99
17:14 20/09/24
n/a
n/a
FTSE 350
4,543.89
16:49 20/09/24
n/a
n/a
FTSE All-Share
4,501.08
17:04 20/09/24
n/a
n/a
Travel & Leisure
7,877.16
16:49 20/09/24
-0.95%
-75.93
EasyJet carried 4.93m passengers last month, up 9.8% from February 2015. However, the load factor – which gauges how many seats were actually taken up on flights – slipped to 90.5% from 90.9%.
On a rolling 12-month basis, passenger numbers grew 7.5% to 70.52m and the load factor nudged up to 91.6% from 90.8%.