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Old 7th Jun 2006, 15:39
  #141 (permalink)  
AGPwallah
 
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Easyjet growth slows

Here's a story on the financial news wires:

MoneyAM

easyJet, Europe's second-largest no-frills airline, said it carried 2.94 million passengers in May.

This represents an increase of 15.2% on the same month last year.

The Luton-based carrier said May's load factor, passengers as a proportion of the number of seats available, was 83.9%, slightly down from 84.1% in May 2005.

For the rolling 12 months to end-May passengers totaled 31.72 million, up 13.5% compared with the same period last year, the load factor was 84.2%, down 0.9 percentage points, and total revenue was £1.5bn, up 21.1%.

easyJet said although load factors for May were slightly behind the rolling 12-month average this was in line with internal expectations.

'Following strong April revenue results, which benefited from the timing of Easter, the positive performance has continued in May,' said CEO, Andy Harrison.

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