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easyJet revenue up 10.5%, ancillary revenue up 21% in 1QFY2010

22-Jan-2010 1:07 PM

easyJet reports the following preliminary financial/traffic results for the three months ended 31-Dec-2009:

  • Total revenue: GBP608 million, +10.5% year-on-year;
    • Ancillary*: GBP127 million, +20.9%;
  • Passenger numbers: 11.0 million, +9.1%;
  • Load factor: 85.8%, +2.4 ppts;
  • Passenger revenue per seat: GBP37.60, +1.9%;
    • Ancillary revenue per seat*: GBP9.90, +14.0%;
  • Total revenue per passenger: GBP55.38, +1.3;
  • Average number of aircraft owned/leased: 185, +10.3%;
  • Average operating aircraft: 168, +9.1%. [more]

*Including checked baggage charge

easyJet: “The strength of customer demand has allowed us to grow passengers flown by nearly 10% with virtually no yield deterioration, slightly ahead of our initial expectations. Economic conditions remain challenging and we continue to expect a tough trading environment. However, the underlying performance of the business in the first quarter has been encouraging and easyJet remains on track to deliver substantial profit improvement during 2010,” Company statement. Source: easyJet, 21-Jan-2010.