Investment case

Unparalleled network

We have an increasing presence in the right markets, and with frequencies and slots at slot-constrained primary airports that deliver choice and flexibility to our customers.

  • 97.6%

    Percentage of easyJet capacity that touches a number one or number two airport
  • 803

    Routes operated
  • 132

    Airports in 31 countries

Well-known brand

We are respected for delivering a safe, reliable and great value service to top destinations across Europe and beyond.

  • Number 1 or 2

    Brand in the UK, France and Switzerland
  • 74%

    Of our customers are returning customers
  • 91.6%

    Load factor

Low-cost model

We are driven by our strong focus on cost savings, with a commitment to maintaining easyJet’s structural cost advantage against the legacy and charter operators who are its major competitors in its markets.

  • Cost per seat decrease

    4.6%

    Year-on-year at constant currency
  • Flat

    Target for cost per seat excluding fuel
  • 167

    Average number of seats per plane

Strong balance sheet

We maintain a strong balance sheet to facilitate our low funding costs, operational flexibility and to provide insulation from external shocks.

  • Liquidity per 100 seats of

    £3.2m

  • Net cash of

    £213m

  • 156

    Unencumbered aircraft

Driving revenue growth

We have a clear focus on building strong relationships with customers to create more sustainable, long-term revenues leveraging quality, innovation and digital.

  • 18.3M

    App downloads to 30 September 2016
  • 73.1M

    Passengers
  • Introduction of easyJet, Apple pay

Disciplined use of capital

We have a clear capital structure framework and a strategy intended to maximise shareholder returns.

  • 50%

    Dividend payout ratio
  • 237%

    Total shareholder return over five years to September 2016