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Old 29th Jul 2009, 08:27
  #4989 (permalink)  
befree
 
Join Date: Aug 2004
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'total revenue per seat increased by 10.9% to £51.42'.
In the tables they had total reveue per pax. This is higher as it excludes empty seats. This is comparable with the 37 euros per pax on ryanair.

The stockmarket seems to like easyjets report with the shares up 3.7% at the moment. When fuel costs rise Easyjet can increase ticket price by £5 without losing too many pax but a £5 rise on a ryanair route would kill it.

Easyjet has hedged it fuel for the current year at a too high price. That will work out the system for next years results. I expect easyjet will be making a profit next year and Ryanair will be making a loss.
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