EasyJet demand softened after Paris attacks
EasyJet said demand was dampened by security fears in the final weeks of 2015 but a recovery in bookings and ticket prices put it on track to meet annual forecasts. Attacks in November that killed 130 people in Paris, further slowed demand for leisure travel after a Metrojet plane crash over Egypt in October. EasyJet reported a 3.7% fall in revenue per seat on a constant currency basis in the quarter ended Dec 31. It put 2% of that decline down to the fall in demand in the wake of the Paris attacks. Bookings for its Q2 had since showed a marked improvement in revenue per seat compared with November and December, it said, adding that it was also seeing better than planned results in reducing costs. For the full financial year to Sept 30, EasyJet said it expected to meet market forecasts for pre-tax profit of GBP738m. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2016-01-27/unaligned/easyjet-demand-softened-after-paris-attacks
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EasyJet demand softened after Paris attacks
EasyJet said demand was dampened by security fears in the final weeks of 2015 but a recovery in bookings and ticket prices put it on track to meet annual forecasts. Attacks in November that killed 130 people in Paris, further slowed demand for leisure travel after a Metrojet plane crash over Egypt in October. EasyJet reported a 3.7% fall in revenue per seat on a constant currency basis in the quarter ended Dec 31. It put 2% of that decline down to the fall in demand in the wake of the Paris attacks. Bookings for its Q2 had since showed a marked improvement in revenue per seat compared with November and December, it said, adding that it was also seeing better than planned results in reducing costs. For the full financial year to Sept 30, EasyJet said it expected to meet market forecasts for pre-tax profit of GBP738m. <br/>
