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16-May-2018 2:28 PM

easyJet operating loss improves in H1FY2018

easyJet reported (15-May-2018) the following financial highlights for the six months ended 31-Mar-2018:

  • Total revenue: GBP2183 million, +19.5% year-on-year;
    • Ancillary: GBP454 million, +24.0%;
  • Costs:
    • Airports and ground handling: GBP673 million, +7.9%;
    • Fuel: GBP461 million, +0.4%;
    • Labour: GBP338 million, +15.4%;
  • Operating profit (loss): (GBP58 million), compared to a loss of GBP220 million in p-c-p;
  • Net profit (loss): (GBP54 million), compared to a loss of GBP192 million in p-c-p;
  • Passengers: 36.8 million, +8.8%;
  • Passenger load factor: 91.1%, +0.9ppt;
  • Revenue per ASK: GBP 5.05 pence, +9.6%;
  • Cost per ASK: GBP 5.09 pence, -1.0%;
  • Cost per ASK excl fuel: GBP 4.02 pence, +1.0%;
  • Average sector length 1071 km, +1.2%;
  • Total assets: GBP6583 million;
  • Cash and cash equivalents: GBP940 million;
  • Total liabilities: GBP3928 million. [more - original PR]

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