Roundtable Discussion; The Future of Mineral Sands. Watch the video 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
18 Apr 2024 08:20

easyJet posts significant reduction in winter losses

(Sharecast News) - Low-cost airline easyJet reported a significant reduction in its winter losses in an update on Thursday, of more than £50m year-on-year, as demand for flights and holidays continued to rise, particularly for the upcoming summer season.

Read more
18 Apr 2024 07:49

LONDON BRIEFING: Embattled Hipgnosis Songs Fund agrees takeover

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, shaking off a miserable session for US tech shares overnight.

Read more
16 Apr 2024 15:20

Easyjet suspends flights to Israel until October

(Sharecast News) - Budget carrier easyJet on Tuesday said it had suspended flights to Tel Aviv until October 27 after Iran's missile and drone attack against Israel on Saturday night.

Read more
15 Apr 2024 15:39

London close: Stocks slip on renewed geopolitical tensions

(Sharecast News) - London's equity markets markets experienced a downturn on Monday, with losses particularly notable in the mining and oil sectors, as investors remained cautious amid to escalating geopolitical tensions in the Middle East.

Read more
12 Apr 2024 17:28

FTSE 100 sets near record close as commodity stocks shine

FTSE 100 up 0.9%, FTSE 250 off 0.3%

*

Read more
12 Apr 2024 16:56

LONDON MARKET CLOSE: Miners lift FTSE 100 but sea of red elsewhere

(Alliance News) - London's FTSE 100 defied a tricky day for wider markets, as its miners and oil producers shone, while the dollar was supported as odds of the US Federal Reserve enacting three interest rate cuts this year dwindle.

Read more
11 Apr 2024 16:53

LONDON MARKET CLOSE: Dwindling US Fed cut hope unnerves markets

(Alliance News) - Stock prices in London closed lower on Thursday, with a hawkish interest rate outlook for the Federal Reserve and geopolitical tensions hurting investor enthusiasm.

Read more
11 Apr 2024 15:56

London close: Stocks finish lower as ECB stands pat

(Sharecast News) - London's stock markets finished in negative territory on Thursday, as investors reacted to the European Central Bank's latest policy announcement and a producer price index release in the United States.

Read more
11 Apr 2024 15:04

UK earnings, trading statements calendar - next 7 days

Friday 12 April 
SigmaRoc PLCTrading Statement
Monday 15 April 
Ashmore Group PLCTrading Statement
Ceres Power Holdings PLCFull Year Results
Engage XR Holdings PLCFull Year Results
Itaconix PLCFull Year Results
Mitie Group PLCTrading Statement
PageGroup PLCTrading Statement
Tuesday 16 April 
Accesso Technology Group PLCFull Year Results
Ashtead Technology Holdings PLCFull Year Results
Billington Holdings PLCFull Year Results
Chapel Down Group PLCFull Year Results
Equals Group PLCFull Year Results
Gattaca PLCHalf Year Results
Gresham Technologies PLCFull Year Results
IntegraFin Holdings PLCTrading Statement
Learning Technologies Group PLCFull Year Results
Next 15 Group PLCFull Year Results
Ninety One PLC and LtdTrading Statement
Oxford Instruments PLCTrading Statement
Qinetiq Group PLCTrading Statement
Petra Diamonds PLCTrading Statement
Robert Walters PLCTrading Statement
Team17 Group PLCFull Year Results
Wednesday 17 April 
Brooks Macdonald Group PLCTrading Statement
Hays PLCTrading Statement
Inspecs Group PLCFull Year Results
Liontrust Asset Management PLCTrading Statement
M Winkworth PLCFull Year Results
Menhaden Resource Efficiency PLCFull Year Results
Rio Tinto PLCTrading Statement
Saga PLCFull Year Results
Thursday 18 April 
AJ Bell PLCTrading Statement
BHP Group LtdTrading Statement
Devolver Digital IncFull Year Results
Dunelm Group PLCTrading Statement
easyJet PLCTrading Statement
Foxtons Group PLCTrading Statement
Keystone Law Group PLCFull Year Results
LBG Media PLCFull Year Results
Pod Point Group Holdings PLCFull Year Results
Rentokil Initial PLCTrading Statement
Segro PLCTrading Statement
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

Read more
10 Apr 2024 11:42

easyJet cabin crew secure 20pc rise in base pay

(Sharecast News) - Cabin crew at low-cost airline easyJet are to receive a 20% increase in their basic pay, it was announced on Wednesday, after negotiations with the Unite union.

Read more
10 Apr 2024 07:30

Under fire UK air traffic provider appoints Warren East as chair

LONDON, April 10 (Reuters) - Britain's air traffic services provider NATS said Warren East would take over as chairman from Sept. 1, naming the former boss of Rolls-Royce and ARM to succeed Paul Golby who has been in the role for 10 years.

Read more
8 Apr 2024 17:15

UK stocks close higher on commodities lift

FTSE 100 up 0.4%, FTSE 250 adds 0.7%

*

Read more
8 Apr 2024 17:03

LONDON MARKET CLOSE: Miners and airlines in demand as FTSE 100 climbs

(Alliance News) - Investors bought in London on Monday, as the FTSE 100 rose with gold hitting a new high before fading, airlines and miners were in demand, while Entain prospered on bid speculation.

Read more
8 Apr 2024 09:13

LONDON BROKER RATINGS: Wizz Air raised; HSBC cuts Rentokil to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

Read more
5 Apr 2024 15:22

London close: Stocks finish lower as US payrolls top forecasts

(Sharecast News) - London markets closed lower on Friday amid a backdrop of heightened investor caution, following robust US job data for March, hawkish remarks from Federal Reserve officials, and escalating tensions in the Middle East.

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.