Dépêches

easyJet - Full Year Results Interviews With Carolyn McCall, CEO and Chris Kennedy, Group CFO

Dépèche transmise le 16 novembre 2010 par PRNewswire

LONDON, November 16, 2010 /PRNewswire/ -- easyJet today releases 2010 full year results announcing a profit before tax of GBP154m, up nearly GBP100m year-on-year. Despite a challenging economic environment passenger numbers were also up. In a video interview with recently appointed CEO Carolyn McCall unveils the results of a strategy review and underlines the strength of the underlying business:

"We are absolutely convinced that the model is the right model, and it's a fantastically strong model... So anything we do now is building on very strong foundations for the future."

She goes on to explain that the company will focus on attracting an increasing number of higher-yielding business passengers while maintaining a sharp focus on business execution and cost controls.

Commenting on the recent resolution of the brand licence dispute McCall says:

"So I think it's a very pragmatic, sensible solution that works for both sides and aligns our interests with the brand licensor; Stelios."

On the financials Chris Kennedy, Group CFO, highlights revenue growth and explains the impact a variety of exceptional items - including volcanoes and striking air traffic controllers - had on the results.

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