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EASYJET HAS SEEN an increase in profit and passengers in 2012.
In its latest figures for the year ended 30 September 2012, the airline said that profit before tax was up by 27.9 per cent to a record £317 million and pre-tax profit margins grew by 1 percentage point to 8.2 per cent – despite a £182 million increase in unit fuel costs.
Seats flown grew by 5.5 per cent to 65.9 million and passenger numbers rose 7.1 per cent to 58.4 million.
Revenue
Total revenue per seat grew by 5.9 per cent to £58.51, driven by a number of factors including the success of the ‘Europe by easyJet’ campaign.
Cost per seat excluding fuel fell by 1 per cent for the full year. The easyJet Lean programme delivered”significant savings” in ground handling and non-regulated airport charges, by the increased number of larger A320 aircraft in the fleet and the exceptionally low levels of disruption in comparison to previous years, said the airline.
easyJet generated operating cash (excluding dividend payments) of £457 million in the year, an increase of 7.8 per cent compared to the prior year.
Commenting on the results, Carolyn McCall easyJet Chief Executive said:
These results demonstrate that easyJet is a structural winner in the European short-haul market against both legacy and low cost competition. The strength of easyJet’s business model and strategy coupled with the hard work and dedication of the easyJet team has delivered record profits as well as a significant increase in returns for shareholders during the year.
As “evidence of its confidence in easyJet’s current position and future prospects”, the company’s board now proposes to increase the dividend from 10.5p to 21.5p for the year ended September 2012. This will see its shareholders benefit from easyJet’s success with £85m of dividends.
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Wonderful news! Common sense prevails. Rare but very very welcome.
This is great. If the kids with down Syndrome receive and are given the opportunity of a decent education then they will be fairly independent in later life.
They can hold down jobs and live a full and contribute to society.
Unfortunately the journal are jumping the gun on this one,while the bill will go uncontested,Minister Quinn have pulled the rug from under our feet,his new ‘special needs’ plan will precede all the that Finian McGrath has worked for and our kids will be at the bottom of the pile again,
cheers Ruairi,karma will win this one,I have no doubt!!!!
Seriously Nichola? That is a horrible thing for government to do.
That’s a start lets wait and see what Quinn has in store though. It would be really lovely if we as parents didn’t have to meet with the department inspectors to argue the case for keeping our child’s special needs assistant too.
Some good news :)
While this is very good news for children with Down’s syndrome and welcome, why is this only being offered to children with this specific diagnosis? There are many children who do not have an SNA or adequate resource hours at school because they “only” have mild intellectual disability.
The only reason for it coming up it is due to the very hard work of a group of parents and Down Syndrome Ireland supporters .
If this comes to into place then it points the way to all other interested groups. Everybody wants what’s best for every child no matter what their needs are.
The reason this is aimed at children with Down Syndrome was because Down Syndrome was not classified as a low incident disability and so resource hours were not guaranteed. This has now changed. Psychological assessments are used also in order to allocated resource hours presently. It’s true that you need a lobby group to enforce change but there are lots of groups out there who include all disabilities who could lobby on behalf of other children.
I am totally in favour of any resources being made available for people with disabilities but surely it would make more sense to provide resources to people depending on their level of intellectual disability rather than what disability they have i.e down syndrome. What about every other child who are born in this country with an intellectual disability that is an unknown syndrome or disorder. Surely more resources should be made available for them too. They should be passing a bill for mainstream schooling for people with mild to moderate intellectual disabilities, so every child is giving the chance not just down syndrome specific
Great news for those waiting for many years BUT ELECTION IS ON ITS WAY,,,
have your say