Q1 statistics
easyJet PLC
07 February 2005
7 February 2005
EASYJET Q1 STATISTICS
_______________________________________________________________________________
Three months ending Dec 2004 Dec 2003 Change
Passengers (m)1 6.7 5.3 +26%
Load factor2 83.0% 82.4% +0.6pp
Total revenue per passenger (£) 41.87 42.20 -0.8%
Average operating aircraft 88.8 71.2 +25%
ASKs (bn) 7.3 5.5 +33%
RPKs (bn) 6.0 4.5 +34%
Average sector length (km) 905 850 +6%
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Rolling 12 months ending Dec 2004 Dec 2003 Change
Passengers (m)1 25.7 21.1 +22%
Load Factor2 84.6% 84.4% +0.2pp
Total revenue (£m)3 1,147 969 +18.3%
_______________________________________________________________________________
Ray Webster, Chief Executive of easyJet said:
'As previously indicated, we have had a sound first quarter with load factor and
total revenue per passenger little changed from last year while at the same time
carrying 26% more passengers. To date the second quarter is performing
positively; however, as with any airline, visibility remains limited, and part
of the positive performance will be due to the timing of Easter. We base the
yield assumptions in our longer-term business plan on an outlook for continued
intense competition.
'While average fares in the December quarter fell by 2% to £39.04, focus on
ancillary revenue resulted in the contribution per passenger from this source
rising by 21%. Examples include more rigour in applying our excess baggage
policy following the removal of cabin baggage weight restrictions, improvements
to our on-board offering and a new hotel partner.'
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 unaudited statutory revenue, which includes the invoiced value of
airline and ancillary services, net of passenger taxes and discounts.
This information is provided by RNS
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