easyJet to target capacity growth on deepening number one positions

21 November, 2018

easyJet stated (20-Nov-2018) it expects capacity growth will be targeted at deepening existing number one positions or converting number two positions into number one positions, looking ahead. Capacity growth for FY2018 ended 30-Sep-2018 include the following details:

  • UK:  4% increase in capacity including to match airport capacity increases at London Luton Airport;
  • France: 5% increase in capacity aligned with its strategy of regional growth in the country;
  • Switzerland: 7% increase in capacity including a focus at its base in Basel;
  • Italy: 10% increase in capacity as a result of consolidation in Venice, further strengthening its number one position;
  • Germany: 48% increase in capacity following its acquisition of part of airberlin's operations at Berlin Tegel, partially offset by the closure of its base at Hamburg as easyJet concentrates on Berlin;
  • Netherlands: 3% increase in capacity consolidating the position at Schiphol, adding routes and frequencies;
  • Portugal: 6% increase in capacity to strengthen connections to the rest of Europe.

Overall easyJet grew capacity by 9.8% in the period, with its market share for easyJet's markets up 0.6ppts to 32.2%. [more - original PR] [more - original PR - II]