Analyse easyJet plc

Trading Update : Q1 2016/17

Commenting, Carolyn McCall, easyJet Chief Executive said:

"easyJet has delivered a solid first quarter with revenue, cost and passenger numbers in line with expectations. This is despite a tough pricing and operating environment.


"Consumer demand remains strong with passenger growth of 8.2%, revenue growth of 7.2% and headline cost per seat reduction, at constant currency, of over 2%. The weakness of Sterling and the impact of fuel combined are £35m worse than previously expected but easyJet has made good progress in reducing costs in those areas where we have more control such as engineering, maintenance, non-regulated airports and overheads.


"easyJet continues to grow with purpose in our core markets with capacity growth of up to 9% across our network.  Our focus has been to invest to deliver long term sustainable, profitable growth by strengthening our leading positions at Europe's biggest and most popular airports.


"The underlying year-on-year revenue per seat trend continues to improve, supported by resilient demand across all our European markets. Forward bookings are ahead of last year."


Source : easyJet plc Q1 Interim Management Statement 24 Jan 2017


Fundamentele Analyse : FY 2015/16