Despite a gloomy economic outlook in terms of the recession, airline company EasyJet has produced impressive figures for 2010, citing stronger than expected passenger numbers as a reason for raising its projected forecast for the year to one hundred and fifty million pounds.
EasyJet is a British Airline based as London Luton Airport, and currently carries more passengers than any other British airline. They operate domestic and international flights on five hundred routes between 118 European, West Asian and North African destinations. It has been rapidly expanding since establishment in 1995, facilitating growing demand for cut-price, no-frills flights.
The firm said they carried 4.8 million passengers in September 2010, an increase of eight per cent on the same period from the previous year, boosting revenue per seat by six per cent. They had predicted annual profits of around one hundred million pounds, but the new optimistic forecast of one hundred and fifty million pounds boosted their share price by twelve per cent despire reduced passenger numbers due to the volcanic ash cloud in Iceland which closed European airspace for several days earlier on in the year.
Easyjet's three largest bases are London Gatwick, Milan Malpensa and London Luton. There are over forty EasyJet aircraft based at Gatwick, operating on around eighty routes. They tend to prefer to fly from to major airports located close to the cities they serve, such as Paris Charles de Gaulle airport and Paris Orly airport, but they also operate from a number of secondary airports such as Doncaster Sheffield and Rome Ciampino.
Following the cheery news about their profits, they also reported that they are going to increase the number of flights operating from Bristol and Liverpool John Lennon airports, and start flying from and to Leeds Bradford International Airport. 38 routes will be travelled by craft from Bristol Airport from Summer 2011, with destinations including Malaga, Tenerife, Alicante, Fuerteventura, Salzburg and Lyon.
Due to demand, they have also announced an increase in services on its Bristol-Edinburgh route, lifting flights from three to four per day. The airline company have been flying from Bristol since 2001, and are the airport's largest carrier.
While business is supposed to be getting more difficult for airlines, EasyJet have bucked the trend and produced an impressive forecast for 2010. Far from content to sit on their achievements, they are rolling out new routes and services from different airports in the UK and abroad, and it's great to see the aviation industry blossoming again.