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Maryam Cockar Sharecast News
06 Sep, 2016 07:19 06 Sep, 2016 07:28

EasyJet's August passenger numbers rise 6%

FTSE 100 listed budget airline easyJet increased passenger numbers by 6.4% in August, compared to the same month the previous year, as the load factor, the number of passengers as a proportion of the number of seats available, increased by 0.5%.

easyJet

517.40p

17:00 14/11/24
-0.39%
-2.00p

FTSE 100

8,071.19

16:49 14/11/24
n/a
n/a

FTSE 350

4,459.02

16:38 14/11/24
n/a
n/a

FTSE All-Share

4,417.25

16:54 14/11/24
n/a
n/a

Travel & Leisure

8,632.62

16:38 14/11/24
0.67%
57.69

For the rolling 12 months ended 31 August passenger numbers were up 6.8% as the load factor also rose by 0.4%.

In July, easyJet reported a fall in revenue per seat and total revenue for the third quarter amid difficult trading, as the company took a hit from the terror attack in Brussels and the Egyptair tragedy.

For the quarter ended 30 June, total revenue per seat was down 8.3% at constant currency or 7.7% on reported basis to £54.54, while total revenue fell by 2.6% to £1.196bn as increased seat capacity was offset by the impact on yield of overall market capacity and cancellations as a result of external events.

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