easyJet and Ryanair report strong July results

Victoria
By Victoria August 6, 2014 15:11

easyJet and Ryanair report strong July results

LCCs Ryanair and easyJet have both reported increases in traffic and load factors for July.

easyJet stated it flew 6.4 million passengers during the month, up 7.7% on the 6 million passengers flown in July last year. Load factor also rose during the month, up 1.3% to 92.9% from 91.6% during 2013.

On a rolling 12-month basis, easyJet reported passenger numbers in July 2014 were up 5.9% to 63.8 million, from 60.3 million recorded in July last year. Load factor for the 12-month period was also up, at 90.2% from 89.1% in July 2013.

easyJet reported total revenue for the third quarter to June 30th, 2014 rose 8.6% to £1.24bn from £1.14bn last year.

Ryanair reported a 4% increase in passenger traffic to 9.15 million passengers from the 8.84 million flown in July last year, while load factor was 3% higher at 91% from 88% in July 2013.

Ryanair also said that rolling annual traffic rose 4% to 83 million customers.

Victoria
By Victoria August 6, 2014 15:11