EasyJet - 4
Ramasseur des pommes
Bitter, but in the interests of good governance, it would probably be a good thing for easyJet to put out a press release addressing the points Stelios raises, so that other shareholders can consider the 2 viewpoints on their own merits. Those people in PR get paid well, and now is their chance to show they earn their money.
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Come on Stelios - easyJet shares at their highest ever, company soon to be in FTSE100, reduced losses for the winter etc. May I ask how Fastjet is doing?
PS. Cannot even come to call the gentleman Sir Michael Rake - just Rake.
Very sad all round I am afraid.
PS. Cannot even come to call the gentleman Sir Michael Rake - just Rake.
Very sad all round I am afraid.
LPL - GVA
Last week I had a ski-ing holiday in the French Alps. We left on the 0600 flight from Liverpool to Geneva on Saturday 2nd Feb and returned on the 0635 flight on Saturday 9th Feb, one of the 4 daily LPL - GVA flights Easyjet operate on Saturdays at this time of the year. I am impressed by Easyjet - very reasonable charges, on time, clean modern aircraft. I think I will be buying shares in Easjyet !
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Share Price
Eastjet shares reached £10 per share today before closing at £9.915
Maybe a good time to Stelios to sell his share and leave the management to manage the company without having to deal with his toys being threw out the pram every other month.
Maybe a good time to Stelios to sell his share and leave the management to manage the company without having to deal with his toys being threw out the pram every other month.
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GATWICK ¨NEW DEAL¨
I see easyJet are not very happy about the so-called ´new deal´´ that Gatwick Airport (50 aircraft based) is proposing, complaining about the rise in passenger charges. Now where have I heard that before!
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February pax up 3.4%
Monthly traffic statistics - easyJet plc
easyjet carried 4,112,186 up 3.4% rolling 59,490,203 +7%
Load Factor 90.5% up 2.9%
Per the Ryanair thread it was close on pax alone with FR reporting 4.2 million.
Pete
easyjet carried 4,112,186 up 3.4% rolling 59,490,203 +7%
Load Factor 90.5% up 2.9%
Per the Ryanair thread it was close on pax alone with FR reporting 4.2 million.
Pete
I know Easyjet is a well run company and a lot of talented people do their very best to keep aircraft as near full as possible. I do not wish to detract from their achievement and efforts, but a load factor in Europe in February, when the weather is awful and leisure demand to beaches is low, of over 90% sounds suspiciously high and suggests the headline statistic may be hiding some other story. Are things really as good as they seem ?
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LF
Mmm yes very impressive LF that's right up there at charter company level even FR was much lower despite 80 planes resting is this figure correct? If so then were any planes taken off line ? Just interested
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There are definitely less flights in the winter than in the summer, but that does not change the LF. Doesn't mean the winter is profitable, but the losses will be substantially lower than they have been previous winters, percentage wise.
There are definitely less flights in the winter than in the summer, but that does not change the LF.
So based on 153 and 183 seating configs and 90% LF then if every plane in air at same time there would be 30,800 Pax...............with an all A320's fleet and 90% it would be 34,600 pax..............a not inconsiderable difference
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Looks like a new route or two for BFS for summer! On another aviation website! And increasing from 6 based to 7 based for summer! Anyone on here have any other info on this?
Cheers
Cheers
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I know Easyjet is a well run company and a lot of talented people do their
very best to keep aircraft as near full as possible. I do not wish to detract
from their achievement and efforts, but a load factor in Europe in February,
when the weather is awful and leisure demand to beaches is low, of over 90%
sounds suspiciously high and suggests the headline statistic may be hiding some
other story
I travel everywhere with easyJet on staff travel. This has been the most challenging winter to get seats at any time. I think it certainly is a true statistic and not too good to be true.
Take Belfast as an example. They have scaled back some route frequency London overall but more notably some of the Euro routes, couple that with Aer Lingus not being on these routes over winter e.g. ALC, goes from 5/6 a week down to 3, Malaga, similar.
In other markets they had reduced frequency, bmibaby is gone, Spanair is gone, Malev, airline closures, the market has been tighting up, hence easyJet seats more on demand. Also Ryanair reduction in fly programme assisting to some extent I would say in similar markets?
Carolyn has clearly said that staff travel availability would be down, and this is due to the demand they are seeing at the moment.
Furthermore, there is a lot of positivity around about easyJet and their addition of pre assigned seats etc. easyJet's strategy of modest growth and 'low' fares to convenient airports paying off so much so that they will be in FTE 100!!
EI-BUD
Last edited by EI-BUD; 6th Mar 2013 at 22:47.
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Racedo, loadfactor is loadfactor. It is independant of plane type. It is the percentage of offered seats sold. It is a raw number and any comments about yield and other derivatives is pure speculation.
Furthermore, the ezy specification is 156/180 seats. However, that is still completely irrelevant to loadfactor as LF is still a percentage. You get less passengers moved with 90% LF on a A319 than on a A320, but that is, again, besides the point. Operating costs differ between the two, naturally.
If you want a view over the financial performance of a route/season, you need a lot more than just a loadfactor. Good luck trying to get an airline to give you access to their yield monitoring.
Furthermore, the ezy specification is 156/180 seats. However, that is still completely irrelevant to loadfactor as LF is still a percentage. You get less passengers moved with 90% LF on a A319 than on a A320, but that is, again, besides the point. Operating costs differ between the two, naturally.
If you want a view over the financial performance of a route/season, you need a lot more than just a loadfactor. Good luck trying to get an airline to give you access to their yield monitoring.
Racedo, loadfactor is loadfactor. It is independant of plane type. It is the percentage of offered seats sold. It is a raw number and any comments about yield and other derivatives is pure speculation.
Furthermore, the ezy specification is 156/180 seats. However, that is still completely irrelevant to loadfactor as LF is still a percentage. You get less passengers moved with 90% LF on a A319 than on a A320, but that is, again, besides the point. Operating costs differ between the two, naturally.
Furthermore, the ezy specification is 156/180 seats. However, that is still completely irrelevant to loadfactor as LF is still a percentage. You get less passengers moved with 90% LF on a A319 than on a A320, but that is, again, besides the point. Operating costs differ between the two, naturally.
An all A320 fleet would require a 12% increase in tickets sold to maintain same load factor.
Let us not forget gentlemen that Racedo is our resident Ryanair representative on PPRuNe although of course he will deny it!
I have no reason to lie so less of the accusations you can't back up.