easyJet passenger statistics for September 2007
Below are the easyJet passenger statistics for September 2007.| Month ending | September 2007 | September 2006 | Change |
| Passengers1 | 3,438,261 | 3,011,1456 | +14.2% |
| Load Factor2 | 85.2% | 86.5% | -1.3 pp |
| Rolling 12 month ending | September 2007 | September 2006 | Change |
| Passengers1 | 37,230,079 | 32,953,287 | +13.0% |
| Load Factor2 | 83.7% | 84.8% | -1.0pp |
| Total Revenue3 | £1,797m | £1,620m | +11.0% |
Passenger growth remained strong for September, up 14.2% versus the same month last year. With the financial year now completed, we expect pre-tax profit growth to be towards the top end of our earlier guidance of 40% to 50%. However, total pre-tax profit for the year to 30 September 2007 will exceed this guidance, taking into account a £11m one off benefit from the write-back of the investment in The Airline Group Ltd.
Yields for the second half, measured as total revenue per seat, were down 6.8% versus last year. This is in line with our guidance and reflects our commitment to offering Europe’s lowest fares to the most convenient airports. As we have previously stated, we will show substantial improvement in operating costs and second half unit costs, excluding fuel, will be reduced by around 10%.
We will continue to execute our stated strategy in the new financial year, adding 15% capacity and further improving return on equity. During the winter we expect total revenue per seat, including revenues from bag charging, to be broadly in line with last year.
Growth continues to focus on Southern Europe, in particular Milan and Madrid, where we have now based a total of 12 aircraft. Our network development continues apace and yesterday we announced plans to significantly increase our presence in France. The launch of our 18th and 19th bases at Paris Charles de Gaulle and Lyon underpins our position as France’s number one low-cost carrier.
Andy Harrison, easyJet Chief Executive said:
“We are pleased with our performance over the last financial year having achieved significant improvement in margins despite the doubling of APD in the UK and record fuel prices.”
Preliminary results will be reported on 20 November 2007. For the next financial year the format of our monthly traffic statistics will change slightly, with more detailed quarterly trading updates replacing 12 month rolling revenue data.
1Represents the number of earned seats flown. Earned seats include seats that are flown whether or not the passenger turns up because easyJet is a no-refund airline, and once a flight has departed a no-show customer is generally not entitled to change flights or seek a refund. Earned seats also include seats provided for promotional purposes and to staff for business travel.
2Represents the number of passengers as a proportion of the number of seats available for passengers. No weighting of the load factor is carried out to recognise the effect of varying flight (or "stage") lengths.
3Represents statutory revenue (unaudited).