Published on : Wednesday, January 24, 2018
This revenue jump in the final three months of 2017 becomes as it takes the advantage of problems suffered by rival airlines.
The Luton-based carrier, Easyjet reported that the sales rose 14 per cent to £1.1bn in the last three months of 2017, which is compared with the same period a year earlier.
The revenue per seat jumped 6.6 per cent while the cost per seat dropped by 3.3 per cent. The passenger numbers grew by 8 percent to 18.8 million over the same period.
The company said that EasyJet has seen a positive trading environment based on the strength of its network and customer proposition, capacity reductions and lower growth in EasyJet markets. Not only this, Easy Jet is also responsible for the growth of this business and giving the best services to the passengers.
Easyjet also said that the company has also benefited from the flight cancellations crisis of Ryanair in the autumn season and bankruptcies of Monarch Airlines, Air Berlin and Alitalia.
The Easyjet chief executive John Lundgren said that it delivered a strong start to the financial year with a significant growth in revenue in part driven by an increase in passengers flown and strong growth in in-flight and ancillary sales as they offer more and better quality options for the passengers.