We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick pickseasyJet Share News (EZJ)

Share Price Information for easyJet (EZJ)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 546.80
Bid: 548.40
Ask: 549.00
Change: 10.60 (1.98%)
Spread: 0.60 (0.109%)
Open: 535.60
High: 549.20
Low: 534.80
Prev. Close: 536.20
EZJ Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

2nd UPDATE: EasyJet, fastjet Numbers Up Again, Aer Lingus Traffic Down, IAG Up

Thu, 07th May 2015 14:14

LONDON (Alliance News) - Low-cost airline easyJet PLC Thursday joined the African airline backed by its founder, fastjet PLC, in reporting another increase in passenger numbers in April, while traffic at Irish airline Aer Lingus fell as a drop in its short-haul operations more than offset growth in long-haul and International Consolidated Airlines Group PLC reported a traffic increase.

EasyJet said it flew 6.0 million passengers in April, up from 5.8 million a year earlier, while its load factor, a measure of how many paid seats are filled on its planes, rose to 90.8% from 89.8%. For the 12 months to the end of April, it flew 66.2 million passengers, up from 62.4 million in the previous 12 months, while its load factor improved to 91.0% from 89.7%.

The increase came despite easyJet cancelling 602 flights in April compared with 48 a year earlier, mainly due to air traffic control strikes in France.

AIM-listed fastjet, which is backed by easyJet founder Stelios Haji-Ioannou, said its operations in Tanzania flew 68,088 passengers in April, nearly double the 35,770 it flew a year earlier, while its load factor rose to 73% from 66%. For the rolling 12 months to the end of April, it flew 694,227 passengers, up from 389, 164 a year earlier.

"As our passenger numbers continue to increase, we are close to needing extra capacity and negotiations for more aircraft are under way," fastjet Chief Executive ed Winter said.

Meanwhile, Aer Lingus, which reports traffic figures measured in revenue passenger kilometres, said traffic fell 3.6% on the year in April, as a 7.5% drop in short-haul was only partially offset by a 1.5% increase for long-haul.

Revenue passengers are those that pay commercial fares, and exclude free staff flights and free children's flights. Revenue passenger kilometres include the kilometres flown, by stages, and is an attempt to measure sales volume.

However, the Irish flag carrier's load factor improved in both short-haul and long-haul as its capacity, measured in available seat kilometres, was cut by more than the change in traffic. Overall passenger load factor for the month was 78.2%, up from 75.8% a year earlier.

International Consolidated Airlines Group PLC, which is trying to add Aer Lingus to its stable of existing airlines, said it traffic measured in revenue passenger kilometres rose 4.0% on the year in April, and its most-profitable premium traffic rose 5.3%.

However, the parent of British Airways and Spanish airlines Iberia and Vueling said capacity in available seat kilometres rose 6.4%, meaning its load factor fell to 78.4%, from 80.2% in April 2014. The capacity increase was greater than the traffic increase at all three airlines.

Wizz Air Holdings also said its passenger numbers rose in April as it introduced two new aircraft to its fleet.

The Central and Eastern Europe-focused budget carrier said its passenger numbers rose 23% to 1.5 million, from 1.2 million in April 2014. Its capacity rose 21% to 1.8 million from 1.5 million, as it added two new A320s to its fleet, meaning its load factor, a measure of how many paying seats are filled on its planes, increased by 1.7 percentage points to 86.2%, from 84.9% in April 2014.

EasyJet shares were up 2.4% at 1,815.00 pence Thursday afternoon, fastjet was flat at 120.00 pence, Aer Lingus was up 0.4% at EUR2.37, IAG was up 2.9% at 560.53 pence, and Wizz Air was down 0.1% at 1,399.00 pence.

By Steve McGrath; stevemcgrath@alliancenews.com; @stevemcgrath1

Copyright 2015 Alliance News Limited. All Rights Reserved.

More News
29 Aug 2023 09:03

LONDON MARKET OPEN: FTSE 100 catches up with bank holiday rally

(Alliance News) - Stock prices in London opened higher on Tuesday, as UK markets return from a long bank holiday weekend and news that UK shop price inflation decelerated in August.

Read more
18 Aug 2023 11:18

Temple Bar laments "miserly" UK valuations but promises long-term wins

(Alliance News) - Temple Bar Investment Trust PLC on Friday said its net asset value saw a moderate half-year increase, and that its "fundamentally sound" portfolio will eventually bear fruit despite the tough backdrop.

Read more
14 Aug 2023 18:06

Mount Etna eruption closes Sicily's troubled Catania airport

CATANIA, Sicily, Aug 14 (Reuters) - Flights serving the eastern Sicilian city of Catania were halted on Monday after an eruption from nearby Mount Etna, local authorities said, bringing fresh travel woe to the crisis-plagued Italian airport.

Read more
10 Aug 2023 12:00

Italy's cap on island airfares ignites feud with Ryanair

ROME, Aug 10 (Reuters) - A decision by the Italian government to cap airfares to the islands of Sicily and Sardinia has prompted a dispute with airlines and been branded illegal by Ryanair, in a fresh sign of friction between Rome and big business.

Read more
7 Aug 2023 14:40

Airlines take aim at Italy's plans to bring down sky-high prices

ROME, Aug 7 (Reuters) - A group of airlines operating in Italy on Monday criticised government plans to curb ticket prices at the height of the summer season, saying they could breach European Union free market rules.

Read more
4 Aug 2023 08:14

TOP NEWS: WPP cuts outlook as US tech customers keep lid on spending

(Alliance News) - WPP PLC on Friday cut its yearly guidance, as the advertising company's second-quarter was hurt by weaker spend in its US technology clients.

Read more
3 Aug 2023 15:48

Spain to probe budget airlines over hand luggage fees

MADRID, Aug 3 (Reuters) - Spain's Ministry of Consumer Affairs said on Thursday it had opened an investigation into low-cost airlines over hand luggage and other fees, which result in the price most consumers pay being higher than the one that was initially advertised.

Read more
27 Jul 2023 10:50

Director dealings: EasyJet non-exec invests, AO World CFO sells incentive shares

(Sharecast News) - EasyJet was on the list of director buys on Thursday, after it disclosed a purchase made by a non-executive director for more than 5,000 shares.

Read more
25 Jul 2023 15:31

KLM, major airlines appeal against Schiphol flight curbs

PARIS, July 25 (Reuters) - KLM, Delta, United and scores of carriers have filed an appeal at the Dutch Supreme Court to overturn a move by the Dutch government to curb traffic at Amsterdam's Schiphol Airport, the Dutch airline said on Tuesday.

Read more
24 Jul 2023 19:57

As wildfires rage in Greece, tourists flee and locals shelter

Wildfires burn for 7th day on Rhodes

*

Read more
24 Jul 2023 17:09

UK's FTSE 100 edges higher on gains in energy shares

Vodafone Group up after Q1 results

*

Read more
24 Jul 2023 16:59

LONDON MARKET CLOSE: FTSE 100 shakes off weak PMI readings

(Alliance News) - Blue-chip European equities took confidence from a decent open in New York, despite some less-than-stellar PMI data darkening the mood earlier on Monday.

Read more
24 Jul 2023 12:48

Jet2 adds more flights to bring Britons back from Rhodes

LONDON, July 24 (Reuters) - British travel company Jet2 said it would operate four extra flights on Monday night to bring more of its customers back to the United Kingdom, after wildfires on the Greek island of Rhodes left them stranded.

Read more
24 Jul 2023 12:31

Ryanair sees wet weather elsewhere boosting Mediterranean holidays

DUBLIN, July 24 (Reuters) - Ryanair is seeing no sign of a change in booking habits due to a heatwave in parts of Europe and if anything expects wet weather in other parts of the continent to boost Mediterranean holidays, Chief Executive Michael O'Leary said on Monday.

Read more
24 Jul 2023 11:47

Ryanair cautious about winter travel after quarterly profit soars

April-June profit jumps to 663 million euros

*

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.