RE: Travel numbers20 Jul 2021 08:22
Easy Jet (Deal with Boots for tests, links great sales for us) with an update this morning.
Revenue
Passenger numbers1 for the quarter ending 30 June 2021 increased to 3.0 million, in line with an increase in capacity2 to 4.5 million seats, representing 17% of Q3 2019 capacity levels. As a result of the Covid pandemic, easyJet's fleet had been fully grounded for all but two weeks of the third quarter 2020, flying just 117,000 seats.
This led to total group revenue for the quarter ending 30 June 2021 increasing to £212.9 million (2020: £7.2 million), with passenger revenue increasing to £151.9 million (2020: £3.6 million) and ancillary revenue increasing to £61.0 million (2020: £3.6 million). Ancillary revenue per passenger continues to increase as a percentage of total revenue. Phase two of the cabin bags product is on track for delivery later this year.
April 2021
May 2021
June 2021
Q3 2021
Passengers (000s) 1
524
870
1,591
2,985
Seats flown (000s) 2
1,003
1,278
2,214
4,495
% of 2019 capacity flown
11%
13%
23%
17%
Forward Bookings
Customers are currently booking much closer to departure due to market conditions with 49% of our Q4 schedule booked, which compares to 65% in 2019. Booking rates on UK-touching flights have been lower than intra-EU flying due to the uncertainty around government restrictions. easyJet expect this to improve quickly as restrictions are lifted over the coming period.
UK-touching capacity is 44% sold (compared to 69% at this point in 2019) and intra EU capacity is 53% sold (compared to 64% at this point in 2019).
We remain confident about demand for travel this summer and into autumn, due to the bookings surges experienced following selective easing of travel restrictions, such as the 400% increase in week-on-week flight bookings seen following the waiving of quarantine for fully vaccinated passengers returning from Amber list destinations. No-shows rates have dropped to average just 4% across the network as consumer confidence to fly is increasing. CSAT and On-Time Performance rates continue above target. We are also encouraged by high consumer savings rates and high balances of employees' annual leave. We expect a relatively benign pricing environment for the coming months.
Load factor 4
52%
68%
72%
66%