The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

UPDATE: easyJet Load Factor Hit By Paris Attacks, But Ryanair Soars

Thu, 07th Jan 2016 07:35

LONDON (Alliance News) - Low-cost airline easyJet PLC on Thursday said its passenger traffic rose in December but its load factor was dragged lower by the effects of the Paris terror attacks, though no such problems were reported by rival Ryanair Holdings PLC, which saw its traffic and load factor both improve.

FTSE 100-listed budget carrier easyJet said it carried 4.8 million passengers in December, compared to 4.6 million a year earlier, up 4.6%. On a rolling 12-month basis, passenger numbers were up 6.9% to 69.8 million, it said.

But easyJet said its load factor in the month declined to 86.6% from 88.4%, which it blamed on customers staying away following the terrorist attacks which hit Paris in November. It said this is now recovering to more normal levels.

Irish carrier Ryanair, however, said its customer traffic in the month rose 25% year-on-year to 7.5 million, up from 6.0 million, while its load factor improved to 91.0% from 88.0%.

In addition, its rolling annual traffic to December increased 17% year-on-year to 101.4 million customers.

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

Copyright 2015 Alliance News Limited. All Rights Reserved.

Related Shares

More News
2 May 2024 09:53

Ryanair air traffic up in April; Wizz Air's load factor dips

(Alliance News) - Ryanair Holdings PLC and Wizz Air Holdings PLC on Thursday released flight figures for the month of April, with both reporting a sli...

2 May 2024 07:48

LONDON BRIEFING: Shell unveils USD3.5 billion buyback; Melrose bullish

(Alliance News) - London's FTSE 100 is called to open higher on Thursday, after the Federal Reserve left rates unmoved and Chair Jerome Powell came ac...

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:

4 Apr 2024 14:39

RBC lifts forecasts for Ryanair, keeps at 'outperform'

(Sharecast News) - RBC Capital Markets has lifted its target price for budget airline Ryanair after upping its forecasts on the back of lower fuel cos...

3 Apr 2024 12:00

LONDON MARKET MIDDAY: Stocks down over US Fed rates cuts speculation

(Alliance News) - Stock prices in London were down at midday on Wednesday, as investors showed caution over the US interest rate cuts outlook, with co...

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.