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Ryanair, Wizz Air And Fastjet Traffic Increases; Fastjet CFO Leaving

Mon, 05th Oct 2015 06:46

LONDON (Alliance News) - Ryanair Holdings PLC, Wizz Air Holdings PLC and Fastjet PLC all posted improved passenger traffic for September on Monday, while Fastjet also said its chief financial officer will be stepping down next year.

Irish budget carrier Ryanair said its customer traffic in September rose 12% year-on-year to 9.6 million from 8.5 million a year earlier, while its load factor improved to 94.0% from 90.0%.

The carrier's rolling annual traffic to the end of September was up by 16% to 97.3 million customers, it added.

Central and Eastern Europe-focused carrier Wizz Air, meanwhile, said its passenger traffic rose to 1.8 million in September, up 22% from the 1.5 million passengers it carried a year earlier, while its load factor improved to 90.9%, up from 87.5%.

On a rolling 12-month basis to the end of September, the carrier said it carried 20% more passengers and said its load factor improved to 87.8% from 86.3%.

Africa-focused budget carrier Fastjet said its passenger numbers rose 33% in September, up to 76,595 from 57,709, though its load factor declined to 64.0% from 74.0% due to an increase in its capacity year-on-year.

On a rolling 12-month basis to the end of September, the company said it carried 52% more passengers year-on-year.

In a separate statement on Monday morning, Fastjet also said Chief Financial Officer Nick Caine will leave the company in mid-2016. Caine has decided to return to Australia to continue his career closer to his family, Fastjet said. It has started the search for his replacement.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

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