SNOW COSTS EASYJET £18M BUT REVENUE UP 7.5%

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP January 20, 2011 08:05

SNOW COSTS EASYJET £18M BUT REVENUE UP 7.5%

Low cost UK airline easyJet has announced revenues for the final quarter of 2010 increased by 7.5% to £654million despite the cost of the snow disruption in December costing the airline £18 million.

The airline was also impact in the fourth quarter of last year due to strike action by air traffic controllers, which cost £6 million.

Passenger numbers were up in the same quarter by 8.8% to 11.9 million.

Despite the positive results, easyJet warned that higher fuel costs would lead to bigger half-year losses. It said the loss from October last year to March this year would be between £140 million and £160 million, compared with a loss of £78.7 million a year earlier, the airline said.

TESTCustomwebLP TESTCustomwebLP
By TESTCustomwebLP TESTCustomwebLP January 20, 2011 08:05
Write a comment

No Comments

No Comments Yet!

Let me tell You a sad story ! There are no comments yet, but You can be first one to comment this article.

Write a comment

Only <a href="http://www.aviationnews-online.com/wp-login.php?redirect_to=http%3A%2F%2Fwww.aviationnews-online.com%2Fairline%2Fsnow-costs-easyjet-18m-but-revenue-up-7-5%2F"> registered </a> users can comment.