Easyjet has seen a fall in demand for flights into airports around London during the Olympics – particularly from inbound business travellers. EasyJet sales are down for both inbound business and leisure customers to airports in the south-east. But forward bookings “show a recovery” after the games end on August 12. Despite the slowdown over the Olympics, Easyjet said it expected to make a pre-tax profit of between £280 million and £300 million for its financial year ending in September – better than city analysts’ forecasts of £272 million and last year’s profit of £248 million. The airline is set to benefit from lower fuel prices. Meanwhile Ryanair is offering some cheap tickets, if Irish or British athletes win medals – presumably to boost their passenger numbers after the Games too. BA seems to have done well out of the Olympics – hence their rather cynical “Home Advantage” campaign. Tweet
Easyjet has seen a fall in demand for flights into airports around London during the Olympics – particularly from inbound business travellers.
The no-frills airlinesaid that sales were down for both inbound business and leisure customers to airports in the south-east over the Olympics period. But it added that forward bookings “show a recovery” after the games end on August 12.
“The London Olympic games will present operational challenges to our London bases,” said Easyjet in an update to investors today.
“Consequently, Easyjet has taken steps to protect its operational performance during the course of the games, eg: crew and operational control centre staffing have been strengthened and daily Olympics meetings have been introduced.”
Despite the slowdown over the Olympics, Easyjet said it expected to make a pre-tax profit of between £280 million and £300 million for its financial year ending in September – better than city analysts’ forecasts of £272 million and last year’s profit of £248 million. The airline is set to benefit from lower fuel prices.
Easyjet saw passenger numbers increase by 10.9 per cent to 16 million for the three months to the end of June – on the back of capacity rises of 7.5 per cent, mainly in France, Switzerland and Italy.
Total revenue also grew by 10.5 per cent to £1.03 billion while revenue per seat went up .8 per cent to £57.58.
Easyjet chief executive Carolyn McCall said: “Easyjet’s focus on the customer, tight operational and cost management and strict allocation of capital across its leading network means that it is able to continue to perform well financially and operationally despite a tough environment for consumer facing businesses.”
McCall added that the company’s performance in the last quarter had been helped by its “Europe by Easyjet” advertising campaign and new mobile app.
Ryanair Guarantees 500 £12 Golden Tickets For Every British Gold Medal Won At The London Olympics
Ryanair, Europe’s only ultra low cost airline, today (26 July) announced it will release 500 £12 Golden tickets for every gold medal won by Great Britain during the 2012 Olympic Games in London. Ryanair wished the British Olympic team the best of luck for the Games and encouraged them to win as many of the £12 Golden tickets as possible, for travel in September and October.
Ryanair’s £12 Golden tickets include all taxes and charges so passengers who chose to avoid discretionary fees by paying for Ryanair’s cheapest flights with Ryanair’s Cash Passport, travel with carry-on luggage only and decline our priority boarding service can book, check-in online and fly for this £12 fare on these Olympic special flights.
Ryanair’s Stephen McNamara said:
“Ryanair is calling on the British Olympic team to win as many Olympic gold medals as possible with 500 Golden £12 fares up for grabs for every gold they win. These Olympic special fares are for travel in September and October and will be available for booking the day after every British gold medal is won. These Golden tickets are sure to be snapped up fast so we urge passengers to book them on www.ryanair.com before they sell out.”
Ryanair Guarantees 500 €15 Golden Tickets For Every Irish Gold Medal Won At The London Olympics
Ryanair, Europe’s only ultra low cost airline, today (26 July) announced it will release 500 €15 Golden tickets for every gold medal won by Ireland during the 2012 Olympic Games in London. Ryanair wished the Irish Olympic team the best of luck for the Games and encouraged them to win as many of the €15 Golden tickets as possible, for travel in September and October.
Ryanair’s €15 Golden tickets include all taxes and charges so passengers who chose to avoid discretionary fees by paying for Ryanair’s cheapest flights with Ryanair’s Cash Passport, travel with carry-on luggage only and decline our priority boarding service can book, check-in online and fly for this €15 fare on these Olympic special flights.
Ryanair’s Stephen McNamara said:
“Ryanair is calling on the Irish Olympic team to win as many Olympic gold medals as possible with 500 Golden €15 fares up for grabs for every gold they win. These Olympic special fares are for travel in September and October and will be available for booking the day after every Irish gold medal is won. These Golden tickets are sure to be snapped up fast so we urge passengers to book them on www.ryanair.com before they sell out.”
Despite the slowdown over the Olympics, Easyjet said it expected to make a pre-tax profit of between £280 million and £300 million for its financial year ending in September – better than city analysts’ forecasts of £272 million and last year’s profit of £248 million. The airline is set to benefit from lower fuel prices. Meanwhile Ryanair is offering some cheap tickets, if Irish or British athletes win medals – presumably to boost their passenger numbers after the Games too. BA seems to have done well out of the Olympics – hence their rather cynical “Home Advantage” campaign.