easyJet PLC
07 October 2004
For immediate release 7 October 2004
EASYJET PASSENGER STATISTICS FOR SEPTEMBER 2004
____________________________________________________________________________
Month ending September 2004 September 2003 Change
Passengers1 2,355,324 1,891,184 + 25%
Load Factor2 86.9% 85.9% + 1.0pp
____________________________________________________________________________
Rolling 12 months ending September 2004 September 2003 Change
Passengers1 24,343,649 20,332,973 + 20%
Load Factor2 84.5% 84.1% + 0.4pp
Revenue (Provisional
and unaudited)3 £1,091m £932m + 17%
__________________________________________________________________________
Ray Webster, easyJet Chief Executive, said:
'September was a solid month reflected by a one percentage point increase in the
load factor. Results include the benefits of network adjustments introduced
progressively over the summer months, which strengthened our business.
Controlled and sustained growth continued in the month with six new routes
announced and another six started, all of which fit our business model of
linking key markets by flying to attractive and convenient airports.
'As indicated on 23 September, pre-tax profit for the year is expected to exceed
£60 million, at least 16% higher than 2003, making easyJet one of the few
European airlines to record an increase in profits this year.'
END
For further details please contact:
easyJet plc
Press:
Toby Nicol, Corporate Communications +44 (0) 1582 525 339
Analysts:
Cliff Hide, Investor Relations +44 (0) 1582 525 274
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. This is provisional and unaudited at the time
of publication and may be subject to change. The audited figure will be
published on 23 November 2004.
This information is provided by RNS
The company news service from the London Stock Exchange
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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.
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