easyJet: March traffic up, despite cancelled flights
(CercleFinance.com) - Low-cost airline easyJet said on Friday its total number of passengers climbed 3.
4% year-on-year in March to just over 6.5 million, despite 1,274 flight cancellations over the month.
The company added that its load factor — a measure of how well it fills its planes — was 93.4%, up from 92.7% last year.
easyJet said 1,274 flights were cancelled in March 2018 - equivalent to 3% of planned capacity - higher than the 575 flights that were cancelled in March 2017.
Over 1000 of these cancellations were due to adverse weather conditions across Europe and a further 200 due to strikes in France and Italy, the airline said.
easyJet shares, which have risen by almost 12.8% this year, were up 0.4% at 1,647.5 pence in London this morning.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
4% year-on-year in March to just over 6.5 million, despite 1,274 flight cancellations over the month.
The company added that its load factor — a measure of how well it fills its planes — was 93.4%, up from 92.7% last year.
easyJet said 1,274 flights were cancelled in March 2018 - equivalent to 3% of planned capacity - higher than the 575 flights that were cancelled in March 2017.
Over 1000 of these cancellations were due to adverse weather conditions across Europe and a further 200 due to strikes in France and Italy, the airline said.
easyJet shares, which have risen by almost 12.8% this year, were up 0.4% at 1,647.5 pence in London this morning.
Copyright (c) 2018 CercleFinance.com. All rights reserved.