easyJet counts security costs

The impact on easyJet of the recent cancellations, passenger assistance and compensation related to the UK security threat is estimated to have costs the company in the region of £4m.  As a result of the security disruption, on 10 August 2006, easyJet cancelled a total of 469 flights: 290 flights on the day of the initial disruption, 112 on Friday 11 August, and a further 67 flight through to Monday 14 August.  easyJet accommodated the majority of affected customers on alternative flights, and offered affected passengers the chance to change any bookings in the period free of charge or to have a refund.

The disruption resulted in additional costs related to passenger assistance and compensation; it impacted revenue during the period and in the immediate aftermath. 

In spite of this, easyJet maintains its current guidance for pre-tax profit growth for the full year ending 30 September 2006 to be in the region of 40% to 50%. 

easyJet has also been nominated this year for a

href="http://www.worldtravelawards.com/index.php/wta/nominees_2006"
target="_top">

ADVERTISEMENT

rld Travel Award as Europe’s Leading Budget / No Frills Airline.
——-