School half-term boost for EasyJet
EasyJet recorded a “solid” performance last month as passenger numbers were boosted by the half-term school holidays.
The no-frills carrier saw monthly passenger number rise by 25% year-on-year to 2.4 million, with an improved load factor of 87% against 85.5% in October 2003. The rise came as the airline launched 18 new routes in the month.
The airline carried almost 25 million passengers in the year ending October, a 20% increase over the previous 12 months.
Chief executive Ray Webster said: “Last month produced another solid performance with an increase in our load factors, supported by the UK half-term school holidays which this year occurred during the month.”
He added that the improved performance came against the background of a “challenging market environment”.
Mr Webster, speaking two weeks after Icelandair took a 10% stake in the carrier, said: “Our low cost business model remains robust and we continue to capitalise on it.”
The airline’s preliminary results for the year to September are due to out on November 23.
Report by Phil Davies
Phil Davies
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