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4-Traders Homepage  >  Equities  >  London Stock Exchange  >  EasyJet plc       

EASYJET PLC
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EASYJET : launches UK spring schedule with 300 destinations

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08/11/2011 | 03:15pm CEST

easyJet, the UK's largest airline, launches its UK spring schedule this week with around 300 low fare destinations.

More than 60,000 spring flights are now on sale, enabling passengers to secure the best fares early with 10 million seats available for travel from 25th March through to 24th June 2012.

Additional flights have been added to popular destinations including Madrid, Barcelona, Alicante and Rome, making Europe more accessible than ever before for passengers travelling from easyJet's 10 UK bases with fares starting from £21.99 (one way including taxes).*

Seats are also now on sale from easyJet's newest base, London Southend Airport, with a choice of eight new destinations; Amsterdam, Alicante, Barcelona, Belfast, Faro, Ibiza, Malaga, Mallorca.

Paul Simmons, easyJet's UK Director said: "The launch of our spring schedule offers both leisure and business passengers the opportunity to book early to secure the best fares on a wide choice of destinations across Europe and the UK.

"We've also added destinations from London Southend Airport for the first time for spring/ summer 2012, offering easy and affordable travel to passengers across Essex and London.

"The introduction of our full summer schedule in the coming months will add to this choice and value with more exciting new destinations from airports across the UK."

-Ends-

For further information please contact:

Sarah McIntyre, easyJet press office [email protected] 01582 525252

*Price correct at time of writing – 10.8.11

Notes to editors:

About easyJet:

easyJet operates Europe's No. 1 air transport network with a leading presence on Europe's top 100 routes and at Europe's 50 largest airports.

easyJet flies on more than 569 routes between 129 airports in 29 countries. More than 300 million Europeans live within one hour's drive of an easyJet airport, more than any other airline.

The airline takes sustainability seriously. easyJet invests in the latest technology, operates efficiently and fills most of its seats which means that an easyJet passenger's carbon footprint is 22% less than a passenger on a traditional airline, flying the same aircraft on the same route.

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Financials (GBP)
Sales 2018 5 762 M
EBIT 2018 591 M
Net income 2018 377 M
Debt 2018 295 M
Yield 2018 3,31%
P/E ratio 2018 16,16
P/E ratio 2019 12,66
EV / Sales 2018 1,19x
EV / Sales 2019 1,10x
Capitalization 6 566 M
Income Statement Evolution
Consensus
 
Mean consensus OUTPERFORM
Number of Analysts 24
Average target price 18,3  GBP
Spread / Average Target 11%
EPS Revisions
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NameTitle
Johan Lundgren Chief Executive Officer & Director
Robert John Orr Barton Chairman
Margaret Christine Browne Chief Operating Officer
Andrew Robert Findlay Chief Financial Officer & Executive Director
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