easyJet PLC
06 February 2004
6 February 2004
easyJet passenger statistics for January 2004
Below are the easyJet passenger statistics for January 2004. This information is
published on the fifth working day of every month.
Passenger statistics for easyJet
Year-on-year Rolling 12 months
January 2004 January 2003 change ending 31/ 01/2004
Passengers1 1,683,699 1,498,802 12.3% 21,259,358
Load Factor2 77% 77% 84.3%
Ray Webster, easyJet Chief Executive, said:
'This month's performance is pleasing, with the results demonstrating that
easyJet was able to fill its aircraft at the same level as last year, achieving
a high and stable load factor. This shows that passengers continue to be
attracted to easyJet's unique combination of low-cost services to the most
convenient and popular airports - which is a durable and sustainable airline
business model.
Due to our decision to adopt a prudent growth strategy - expected to be 20%
capacity growth in the current financial year - and the strength of our major
city route network, easyJet continues to trade in line with our expectations and
we have no reason to change the outlook we gave to shareholders in our annual
report. As then, we continue to be 'cautiously optimistic about our performance
in the current year'.
'We welcome this week's decision by the European Commission clarifying the
relationship between airlines and publicly-owned airports and see it as
supportive of the low-cost airline industry.'
1. Represents the number of earned seats flown. Earned seats include seats
that are flown whether or not the passenger turns up because easyJet is a
no-refund airline, and once a flight has departed a no-show customer is
generally not entitled to change flights or seek a refund. Earned seats
also include seats provided for promotional purposes and to staff for
business travel.
2. Represents the number of passengers as a proportion of the number of seats
available for passengers. No weighting of the load factor is carried out
to recognise the effect of varying flight (or 'stage') lengths.
This information is provided by RNS
The company news service from the London Stock Exchange
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