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EasyJet revenue increased 16%

Staff Writer |
EasyJet total revenue per seat increased by 2.2% at constant currency, ahead of guidance and increased by 5.9% on a reported basis to £57.78 per seat.

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Total revenue in the quarter increased by 16% to £1,387 million, with a significant benefit from the move of Easter to April, higher load factors, as well as an improving underlying trend in the trading environment.

Passengers carried increased by 10.8% to 22.3 million, driven by an increase in capacity of 9.5% to 24.0 million seats and load factor increasing by 1.1 percentage points to 93.1%.

easyJet has received approval for its Air Operator Certificate and airline operating licence from the authorities in Austria, securing its future operations in Europe.

Headline profit before tax guidance for FY2017 expected in the range of £380 million to £420 million.


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