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EasyJet - 4

Old 29th Apr 2009, 06:48
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Stansted

Hey

Does anyone know if easyjet have any plans to expand its operaiton at STN?
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Old 29th Apr 2009, 12:08
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Does anyone know if the Man Athens service is going to run through the
winter, says on website winter routes on sale for athens but cant book past end of oct.
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Old 4th May 2009, 22:11
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On sale now all winter flight except LGW and MXP base.
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Old 4th May 2009, 22:52
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Easyjet have been expanding at Gatwick rather than Stansted (or Luton). I expect they'll continue that policy.
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Old 5th May 2009, 14:48
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Is this because easyJet is afraid of Ryanair? There's no escape! (For example, I see Ryanair is starting Gatwick-Madrid services and is bound to take passengers from easyJet and Air Comet rather than from BA.)
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Old 5th May 2009, 15:09
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Ryanair from LGW - MAD is hardly likely to effect EZY that much as they operate 3 times daily service which runs at 97% load factor, whereas FR will operate a once daily service with poor flight times.


INV will not be dropped from LGW and it has been a year round service from both LTN and LGW for over 7 years now.
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Old 5th May 2009, 16:38
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cesare.caldi You cant book Athens past 4th nov, is it going to be a winter route.
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Old 5th May 2009, 17:41
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Which extra aircraft is coming to Man to cover the extra flights (incl Athens) this month?
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Old 5th May 2009, 20:06
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Do EZY have a new booking interface, saw it quickly at work, but at home im just getting the old look site. The main page looks the same, but the page after encorperates both the flight schedule and the added services on one page with a larger amount of bright orange!!!
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Old 5th May 2009, 21:59
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The page has a border of hearts with 'easyJet summer love' written on them.
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Old 6th May 2009, 07:59
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Im talking about the page after the main page, where the schedule comes up with pricing.
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Old 6th May 2009, 08:44
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EasyJet losses double to £M130

Depressing sign of the times, however EJ board are upbeat!

BBC NEWS | Business | Easyjet losses more than double

WP
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Old 6th May 2009, 14:49
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Easyjet April numbers

2008 3,553,023
2009 3,772,582

A 6.3 % increase

Load Factor

2008 80.0%
2009 84.2%

A 4.2% increase

Last edited by racedo; 6th May 2009 at 15:20.
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Old 6th May 2009, 14:49
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April

Passengers: 3,776,582 +6.3%
Load Factor: 84.2% +4.2pp

Last edited by Seljuk22; 11th May 2009 at 14:22.
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Old 6th May 2009, 14:59
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Could the increase in seat sales be extra pax from the purchase of GB Airways?
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Old 6th May 2009, 15:16
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WhiskeyPapa - there is a reason behind the large increase in loss which should be short-term rather than a long-term problem.

Just before crude oil hit its peak of US$147 per barrel, everyone was panicking that crude might hit US$250 or even higher. Easyjet decided to substantially hedge their future fuel needs at the price then available in the market, preferring to avoid the risk of fuel going much higher.

Shortly after EZY completed the fuel hedge, Lehman went bust, people suddenly took the recession seriously, the price of jet fuel plummeted by about 75% and airlines were able to purchase jet fuel at a much lower price. You could think of this as being similiar to someone who bought a house in late 2007 just before the economy went horribly wrong and who now has a big dose of negative equity.

Because EZY are now committed to paying the original higher price for fuel, it has to be recognised in the accounts as a loss, thus making the latest results look a bit cr*p.

No, this is not good for EZY, but this is a one-off accident, rather than a serious multi-year concern for the company.
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Old 6th May 2009, 19:02
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yes hedging and easter swift probably one-off accident, but the increase in cost even excl. fuel is quite a bad news, especially considering the gap with Ryanair was already big and the fact that Ryanair costs will probably go down again at last FY report (excl. fuel)
This is a very bad news and may proove an inability of the management to be as good as Ryanair in the cost cutting part of the business, which is the core part of LCC...

I remember they close DTM for crew efficiency, and they just declared that crew efficiency didn't improved! so why did they close DTM if it had no effect???
Even the redundancies didn't have any effect on costs! that's shocking!
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Old 6th May 2009, 19:07
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"Jettesen",

You say that Ryanair's entry on the Madrid-London route is "hardly likely to effect EZY that much". I'd agree with you if we were in favourable economic times and the market was growing. Ryanair might be scheduling only one flight daily in each direction (albeit with 189 seats to fill) but exactly where will their passengers come from except mainly from the existing "low cost" operators?

I predict that easyJet will be unable (or unwilling) to match Ryanair's fares. Given the dire state of the Spanish economy I can see Ryanair being the winner and easyJet the loser. Who would turn their nose up at a return fare of 12.4 euros (or £11 if starting in London) before optional charges? Not me! I'd be daft to fly easyJet.

The schedules look unattractive from some UK passengers' point of view but remember that a midnight arrival into Barajas is not seen in the same way by the Spanish (I think last departures on the Madrid metro, including from Barajas, are around 1.30am) and that an 8pm departure from London will be attractive to those who can only travel after work.

Ryanair may only be scheduling one flight a day right now but don't be surprised if the frequency is increased. This is precisely what happened, for example, on the Stansted-Alicante route. I know this route very well and have switched from easyJet (which inherited me from Go) for most of my trips simply because Ryanair offers better value (plus better punctuality and a much more civilized boarding "experience", especially at Stansted).

Ryanair's entry on the Madrid-Gatwick route will definitely hurt easyJet.
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Old 6th May 2009, 19:15
  #59 (permalink)  
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the schedule is bad but of course it will hurt easyJet. 4 or 5 seats of a plane on average make the profit of a flight, so there is no doubt Ryanair will grab a minimum of 2 easyJet PAX per flight, so easyJet profitability will be probably hugely hurt no doubt about that
I assume there is space anyway for both airlines to share this market and be profitable on it, even if easyJet performances will drop year-over-year
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Old 7th May 2009, 12:26
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On sale now LGW winter flights
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