7th Aug 2006 07:01
easyJet PLC07 August 2006 07 August 2006 EASYJET Q3 STATISTICS ___________________________________________________________ Three months ending June 2006 June 2005 Change Passengers (m)1 8.8 7.6 +15.8% Load factor2 86.0% 84.9% +1.1pp Total revenue3 (£m) 460.2 342.9 +34.2% Total revenue per seat4 (£) 45.07 38.43 +17.3% Average operating aircraft 110 95 +16.3% ASKs (bn) 9.9 8.4 +18.7% RPKs (bn) 8.6 7.1 +20.6% Average sector length (km) 973 941 +3.6%_____________________________________________________________________ Note: easyJet does not publish full quarterly results, but issues a tradingstatement for the first and third quarters as a supplement to its regularmonthly passenger statistics (see separate release for July statistics). Q3 performance At the time of the June traffic statistics, easyJet commented on the strongrevenue performance for the quarter ended 30 June 2006 and upgraded its guidancefor the full year. We are maintaining our guidance that pre-tax profit growthfor the full year will be in the range of 40% to 50%, and we now expect fullyear capacity growth to be in the region of 13% and expect unit revenue and unitcosts to be slightly higher than our previous guidance. Throughout the quarter, unit revenue remained strong across the network,reflecting pro-active yield management and buoyant market conditions. Targetedmarketing and promotional activity helped raise awareness, with the number ofunique visitors to the website up 60% for the quarter compared to the sameperiod the previous year. At the same time ancillary revenue was up 32% per seatyear on year. easyJet continues to expand and improve its customer offering through growingits network and improving schedule quality and routes offered. In the quartereasyJet started flying 19 new routes, among them further expansion from ouryoungest base at Milan Malpensa where we now operate 12 routes to destinationsin Spain, Italy, Germany, France, Greece, the UK and Portugal. 11 routes werealso launched connecting UK bases in London, Scotland and Liverpool with variousEuropean destinations; and 4 routes began operating between bases in France andSwitzerland and destinations in Italy, Spain, and Turkey. The easyJet footprinthas expanded further outside the EU, and easyJet now serves 21 countries withthe recent additions of Croatia, Turkey, and Morocco. In June, easyJet announced plans for significant expansion from London Gatwickthis winter with a new three-times daily service to Glasgow starting in October,and added frequencies on routes serving Madrid, Milan, Cologne, Athens, Berlinand Amsterdam. This has been partly facilitated by the re-deployment ofaircraft from under performing routes. easyJet now operates 121 aircraft on 267routes between 74 airport in 21 countries. 1.Represents the number of earned seats flown. Earned seats include seats thatare flown whether or not the passenger turns up because easyJet is a no-refundairline, and once a flight has departed a no-show customer is generally notentitled to change flights or seek a refund. Earned seats also include seatsprovided for promotional purposes and to staff for business travel. 2. Represents the number of passengers as a proportion of the number of seatsavailable for passengers. No weighting of the load factor is carried out torecognise the effect of varying flight (or "stage") lengths. 3. Represents statutory revenue (unaudited) 4. Represents total revenue divided by the number of seats flown available forpassengers. END For further details please contact: easyJet plcJulia Collins, Investor Relations +44 (0) 1582 525 258Andrew Barker, Investor Relations +44 (0) 1582 525 982Toby Nicol, Corporate Communications +44 (0) 1582 525 339 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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