Posted on: 03 September 2015 by Mark Howells
easyJet has reported that its load factor for August 2015 was 94.4%, a new record for the carrier for any month, as was the number of booked passenger numbers at 7.06 million – the second successive month of over 7 million passengers.
easyJet added that it also achieved stronger than expected unit revenue performance in August and in its outlook for September, supported by successful ongoing digital and revenue initiatives and capacity growth across the network of around 6%.
The strong revenue performance has more than offset the significant cost growth, according to the airline. Causes behind this include greater-than-expected disruption across the network particularly in April, the impact of the two fires at Rome Fiumicino airport, the one-off £8 million settlement with Eurocontrol and costs associated with higher load factors. Fuel and currency exchange rate movements have remained broadly within the predicted ranges, so the full year profit before tax guidance is now in a range of £675 million to £700 million for the year to 30 September 2015, from £620 million to £660 million as previously guided.
“These figures demonstrate the strength of easyJet – with its strong customer focus and its unique and winning combination of the best route network connecting Europe's primary airports, with great value fares, friendly service and industry leading digital innovations,” declared Carolyn McCall, easyJet chief executive. “This platform meant that easyJet was best placed to maximise the strong late summer demand from UK passengers to get away to beach and city destinations across Europe and will enable the airline to set new records for full year revenue and profit.”