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
530.20p
15:45 15/11/24
2.47%
12.80p
FTSE 100
8,060.61
15:45 15/11/24
n/a
n/a
FTSE 350
4,453.56
15:45 15/11/24
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FTSE All-Share
4,411.85
15:45 15/11/24
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Travel & Leisure
8,607.27
15:45 15/11/24
-0.29%
-25.35
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%.