EZY Q1 2022 Results

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GeorgeNTravels
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Joined: Mon Aug 16, 2021 8:14 pm

EZY Q1 2022 Results

Post by GeorgeNTravels »

Q1 Report released today, key points listed below:

Load factors hovering around 80% for Oct & Nov (fall slightly to 77% in Dec due to Omicron rules)

Q1 Timetable was around 64% of 2019

Revenue of £805 million for Q1

11.9 million pax flown in Q1

An interesting point from the report that surprised me was this:

"Due to the impact of Omicron, an increased number of standby crew is being held to proactively protect the operation and minimise any impact on our customers from higher crew absence levels. easyJet was the most punctual large European airline in 2021, with the best OTP4
, which has continued into Q1 FY’22."
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