easyJet PLC
07 September 2006
7th September 2006
EASYJET PASSENGER STATISTICS FOR AUGUST 2006
____________________________________________________________________
Month ending August 2006 August 2005 Change
Passengers1 3,146,216 2,903,404 + 8.4 %
Load Factor2 89.2% 88.4% + 0.9 pp
____________________________________________________________________
Rolling 12 months ending August 2006 August 2005 Change
Passengers1 32,685,363 29,169,743 + 12.1 %
Load Factor2 84.7% 85.2% - 0.5 pp
Total Revenue (Unaudited)3 £1,597m £1,319m + 21.1 %
__________________________________________________________________
As a result of the security disruption, on 10 August 2006, easyJet cancelled a
total of 469 flights: 290 flights on the day of the initial disruption, 112 on
Friday 11 August, and a further 67 flight through to Monday 14 August. easyJet
accommodated the majority of affected customers on alternative flights, and
offered affected passengers the chance to change any bookings in the period free
of charge or to have a refund.
The disruption resulted in additional costs related to passenger assistance and
compensation; it impacted revenue during the period and in the immediate
aftermath. The impact of the cancellations, passenger assistance and
compensation over the period of the disruption is estimated to be in the region
of £4m. In spite of this, easyJet maintains its current guidance for pre-tax
profit growth for the full year ending 30 September 2006 to be in the region of
40% to 50%.
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.
3. Represents statutory revenue (unaudited)
END
For further details please contact:
easyJet plc
Financial:
Julia Collins, Investor Relations +44 (0) 1582 525 258
Andrew Barker, Investor Relations +44 (0) 1582 525 982
Press:
Toby Nicol, Corporate Communications +44 (0) 1582 525 339
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.