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Share Price Information for easyJet (EZJ)

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Share Price: 541.60
Bid: 542.80
Ask: 543.40
Change: -5.20 (-0.95%)
Spread: 0.60 (0.111%)
Open: 550.00
High: 550.80
Low: 541.00
Prev. Close: 546.80
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TOP NEWS: easyJet Passenger Numbers And Load Factor Rise In June

Wed, 06th Jul 2016 06:12

LONDON (Alliance News) - Budget airline easyJet PLC on Wednesday said both the number of passengers carried and its load factor rose in June year-on-year.

Passenger numbers increased by 5.8% in June to 6.9 million from 6.6 million in the same month the year before, while load factor grew by 1.4 percentage points to 94.1% from 92.7%.

On a rolling 12-month basis, passenger numbers rose by 7.1% to 71.9 million from 67.1 million, and load factor was up 0.3 percentage point to 91.5% from 91.2%.

easyJet said there were 852 cancellations in June compared with 487 in June 2015.

On Tuesday, rival low-cost airlines Ryanair Holdings PLC and Wizz Air Holdings PLC also reported growth in passenger numbers and load factor in June.

Irish carrier Ryanair said it carried 10.6 million customers, which is an 11% increase on the 9.5 million carried a year earlier. Load factor rose by 1 percentage point to 94% from 93%.

Central and Eastern European-focused carrier Wizz Air said passenger numbers increased by 16% to 2.0 million from 1.7 million the year before. Load factor rose by 0.8 percentage point to 91.7% from 91.0%.

Later Tuesday, International Consolidated Airlines Group SA, which owns British Airways, Ireland's Aer Lingus, and Spanish carriers Iberia and Vueling, too posted growth in group traffic and load factor.

IAG's group traffic, measured by revenue passenger kilometres, rose by 14% in June on a year before, while load factor improved to 84.0% from 83.7%.

By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews

Copyright 2016 Alliance News Limited. All Rights Reserved.

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