Easyjet - 3
Join Date: Apr 2002
Location: Put out to graze
Age: 64
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All of EZY's 319's are 68 Tonners.
Some are 'restricted' to 64 and 66K to reduce navigation and landing charges; its a paper exercise to get them all up to 68K.
Some are 'restricted' to 64 and 66K to reduce navigation and landing charges; its a paper exercise to get them all up to 68K.
Join Date: Apr 2007
Location: Weston-Super-Mare
Age: 36
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speaking to dm for handling agent-brs, cwl and jersey and he confirmed to us today that easyjet will be operating a flight to jersey from london - luton i think he said. easyjet top people are apparently gonna be in jersey airport tomorow.
Join Date: Aug 2004
Location: Hemel Hempstead
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I'm liking the sound of this.
What about some more flights to the Balkans? - Eurovision in Serbia next year and the tourist board is making a big thing of it at the World Travel Market.
What about some more flights to the Balkans? - Eurovision in Serbia next year and the tourist board is making a big thing of it at the World Travel Market.
Join Date: Apr 2007
Location: EMA
Age: 38
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And whats wrong with BBC1 and Sir Terry for Eurovision, and not forgetting the cd which I have. Im not sure enough people want to travel to Serbia. More Polish routes welcome
Lee
Lee
Join Date: Mar 2005
Location: At 43000ft
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Bases in ATH or MUC?
There are rumors that easyJet is trying to buy a hangar in Venizelos international Airport in Athens.. Can anyone Confirm this??
Also heard similar rumors for MUC too
Also heard similar rumors for MUC too
Join Date: Sep 2007
Location: Basel
Age: 43
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Anyone knows something about an announcement in Basel on coming Wednesday? I heard there will be news concerning "Basel and Switzerland".
5th aircraft for Basel or increasing ZRH? Or both together? Sounds interesting...
5th aircraft for Basel or increasing ZRH? Or both together? Sounds interesting...
Join Date: Jun 2007
Location: MANCHESTER
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So does anybody know if Easy will be operating from Manchester or not??
All gone very quiet......although I see that according to some people they have applied for slots?? anybody shed any light on the subject?????
Ta.
All gone very quiet......although I see that according to some people they have applied for slots?? anybody shed any light on the subject?????
Ta.
Join Date: Apr 2007
Location: EMA
Age: 38
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So how many a/c does easyJet have now then? With the extra a/c from GB does that mean it has more than my Ryanair now?
Be interestering to compare the two, with dates of new a/c.
Lee
Be interestering to compare the two, with dates of new a/c.
Lee
Join Date: Nov 2005
Location: Isle Du Cyber
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Yearly profits and New routes?
A rumour has it Easyjet are due to annonce there yearly profits shortly.
There seems to be talk also that Easyjet they will be also releasing details of some new routes?
Some years ago they held a licence to operate Luton to Jersey but this has never been taken up
With Thompson pulling off the low cost routes like Luton to Jersey and Doncaster to Jersey could these be some of the routes they might be due to annonce as well as Donny being a possible new base?
On some other forums Jersey seems to be a big possibility with up to five differant routes being offered, let alone some of the other routes that might be in the pipe line, does any one have any ideas on this?
With the takeover of G.B. there must be a lot happening within the company at this moment, could there be some good xmas presents comming out of the Big Orange xmas cracker?
There seems to be talk also that Easyjet they will be also releasing details of some new routes?
Some years ago they held a licence to operate Luton to Jersey but this has never been taken up
With Thompson pulling off the low cost routes like Luton to Jersey and Doncaster to Jersey could these be some of the routes they might be due to annonce as well as Donny being a possible new base?
On some other forums Jersey seems to be a big possibility with up to five differant routes being offered, let alone some of the other routes that might be in the pipe line, does any one have any ideas on this?
With the takeover of G.B. there must be a lot happening within the company at this moment, could there be some good xmas presents comming out of the Big Orange xmas cracker?
Join Date: Jun 2001
Location: UK
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A rumour has it Easyjet are due to annonce there yearly profits shortly.
There seems to be talk also that Easyjet they will be also releasing details of some new routes?
There seems to be talk also that Easyjet they will be also releasing details of some new routes?
Preliminary results for the 12 months to 30 September 2007
RECORD PRE-TAX PROFIT UP 56% TO £202 MILLION
* Record pre-tax profit of £201.9m, including a £10.6m one-off benefit of reinstating easyJet’s investment in The Airline Group
* Underlying 1 profit before tax increased 48% to £191.3m and underlying* earnings per share increased 50% to 34.8p
* Passenger numbers up 13% to 37.2m with consistently high load factors averaging 84%
* Total revenue increased 11% to £1,797.2m
* Ancillary revenue increased by 30% to £171.2m, a 47p increase per seat
* Unit operating costs (excluding fuel) reduced 6.4% or £1.81 per seat to £26.55 per seat
* Underlying 1 return on equity increased by 3.5pp from 10.1% to 13.6%
* 8 new destinations and 46 routes added, expanding the network to 289 routes through 77 airports in 21 countries
* European expansion continued with the opening of our 17th base in Madrid and a successful first full year of operation at Milan Malpensa
* Delivery of 100th Airbus A319 in April 2007, bringing total fleet to 137 aircraft with average age of just 2.7 years. One of the most modern and environmentally efficient fleets in Europe
* Agreement to acquire GB Airways announced in October to expand presence at London Gatwick Airport
Commenting on the results, Andy Harrison, easyJet Chief Executive said:
“This is yet another year of record profit at easyJet which underlines the strength of our business model. Despite challenging conditions, revenue, profit and return on equity have all shown strong improvements reflecting the success of our focus on low cost with care and convenience.
“At the same time as driving the financial performance of the business, our now well established management has also expanded easyJet’s network and fleet, which carried over 37 million passengers in the year, making the airline the fourth largest in Europe.”
During 2007 we continued to expand our network in mainland Europe with the launch of our 17th base in Madrid where we carried over 2 million passengers during the year, making easyJet Madrid’s number one low-fares airline. We continued to expand our Milan Malpensa base, where we have become the second largest carrier only one year after the launch of the base and we have agreed to double our capacity to 15 aircraft by the end of 2008.
In the UK we continue to expand our bases, adding two A319s at Gatwick, one at Bristol and increasing our presence at Belfast International to six aircraft. Following the year end we announced the launch of two additional bases in France in spring 2008, at Paris Charles de Gaulle and Lyon.
We continue to innovate at easyJet. In June 2007 we launched easyJetHolidays.com which allows our customers to purchase an integrated flight and hotel package. To supplement our development of the business traveller market, we announced post year end a unique partnership with Amadeus and Galileo. For the first time this allows corporate travel agents access to easyJet via the Global Distribution System (“GDS”). All costs are borne by the user which makes it completely compatible with the low-cost model.
Looking forward, for this winter we expect total revenue per seat to be broadly in line with last winter. For summer 2008 we expect the effect of annualising APD, checked bag charges and growing ancillary revenues to result in total revenue per seat being ahead of the previous summer. High fuel costs will be partly offset by the weak US Dollar however we anticipate an overall increase in Sterling unit fuel costs. Unit costs excluding fuel are anticipated to be similar to last year. The fuel environment remains challenging; however, we believe the easyJet business model is resilient and well positioned for success. Over the past two years we have significantly increased profitability and in the current financial year the Board anticipates an increase in underlying profit before tax of around 20%.
The above outlook excludes the proposed acquisition of GB Airways. We anticipate the acquisition to complete no later than 31 January 2008. Excluding one-off costs of around £12m we expect the acquisition to be earnings enhancing in the current financial year.
1Underlying financial performance excludes the effects of the reversal of the impairment of the Group’s investment in The Airline Group of £10.6m.
RECORD PRE-TAX PROFIT UP 56% TO £202 MILLION
* Record pre-tax profit of £201.9m, including a £10.6m one-off benefit of reinstating easyJet’s investment in The Airline Group
* Underlying 1 profit before tax increased 48% to £191.3m and underlying* earnings per share increased 50% to 34.8p
* Passenger numbers up 13% to 37.2m with consistently high load factors averaging 84%
* Total revenue increased 11% to £1,797.2m
* Ancillary revenue increased by 30% to £171.2m, a 47p increase per seat
* Unit operating costs (excluding fuel) reduced 6.4% or £1.81 per seat to £26.55 per seat
* Underlying 1 return on equity increased by 3.5pp from 10.1% to 13.6%
* 8 new destinations and 46 routes added, expanding the network to 289 routes through 77 airports in 21 countries
* European expansion continued with the opening of our 17th base in Madrid and a successful first full year of operation at Milan Malpensa
* Delivery of 100th Airbus A319 in April 2007, bringing total fleet to 137 aircraft with average age of just 2.7 years. One of the most modern and environmentally efficient fleets in Europe
* Agreement to acquire GB Airways announced in October to expand presence at London Gatwick Airport
Commenting on the results, Andy Harrison, easyJet Chief Executive said:
“This is yet another year of record profit at easyJet which underlines the strength of our business model. Despite challenging conditions, revenue, profit and return on equity have all shown strong improvements reflecting the success of our focus on low cost with care and convenience.
“At the same time as driving the financial performance of the business, our now well established management has also expanded easyJet’s network and fleet, which carried over 37 million passengers in the year, making the airline the fourth largest in Europe.”
During 2007 we continued to expand our network in mainland Europe with the launch of our 17th base in Madrid where we carried over 2 million passengers during the year, making easyJet Madrid’s number one low-fares airline. We continued to expand our Milan Malpensa base, where we have become the second largest carrier only one year after the launch of the base and we have agreed to double our capacity to 15 aircraft by the end of 2008.
In the UK we continue to expand our bases, adding two A319s at Gatwick, one at Bristol and increasing our presence at Belfast International to six aircraft. Following the year end we announced the launch of two additional bases in France in spring 2008, at Paris Charles de Gaulle and Lyon.
We continue to innovate at easyJet. In June 2007 we launched easyJetHolidays.com which allows our customers to purchase an integrated flight and hotel package. To supplement our development of the business traveller market, we announced post year end a unique partnership with Amadeus and Galileo. For the first time this allows corporate travel agents access to easyJet via the Global Distribution System (“GDS”). All costs are borne by the user which makes it completely compatible with the low-cost model.
Looking forward, for this winter we expect total revenue per seat to be broadly in line with last winter. For summer 2008 we expect the effect of annualising APD, checked bag charges and growing ancillary revenues to result in total revenue per seat being ahead of the previous summer. High fuel costs will be partly offset by the weak US Dollar however we anticipate an overall increase in Sterling unit fuel costs. Unit costs excluding fuel are anticipated to be similar to last year. The fuel environment remains challenging; however, we believe the easyJet business model is resilient and well positioned for success. Over the past two years we have significantly increased profitability and in the current financial year the Board anticipates an increase in underlying profit before tax of around 20%.
The above outlook excludes the proposed acquisition of GB Airways. We anticipate the acquisition to complete no later than 31 January 2008. Excluding one-off costs of around £12m we expect the acquisition to be earnings enhancing in the current financial year.
1Underlying financial performance excludes the effects of the reversal of the impairment of the Group’s investment in The Airline Group of £10.6m.
Join Date: Mar 2007
Location: UK
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Well a certain PPRuNer says that EZY is selling it's current slots in MAN.
If this is so it may seem that the airport is not in the airline's plans, and this can also been seen by todays announcement from LPL-JER but EZY have also applied for slots at the Routes meeting which could suggest that they will be selling the awkward slots such as the 3:55 arrival back into MAN from TFS et al but may keep the morning slots along with it's new ones. Although MAN is not very slot constrained, it is during the busy 6:00-09:00 when the airport has a mass exodus plus the 'heavy' arrivals: VS,SQ, DL, US etc.
The airline are expecting to carry an VERY ambituous by saying it will carry nearly 200,000 in it's first 12 months (lets say 195,000 for arguments sake). That means they expect to carry 134 per flight. (195000/364, 535.7.../4)
If this is so it may seem that the airport is not in the airline's plans, and this can also been seen by todays announcement from LPL-JER but EZY have also applied for slots at the Routes meeting which could suggest that they will be selling the awkward slots such as the 3:55 arrival back into MAN from TFS et al but may keep the morning slots along with it's new ones. Although MAN is not very slot constrained, it is during the busy 6:00-09:00 when the airport has a mass exodus plus the 'heavy' arrivals: VS,SQ, DL, US etc.
The airline are expecting to carry an VERY ambituous by saying it will carry nearly 200,000 in it's first 12 months (lets say 195,000 for arguments sake). That means they expect to carry 134 per flight. (195000/364, 535.7.../4)
Last edited by MUFC_fan; 21st Nov 2007 at 15:56. Reason: Addition