EasyJet - statistics & facts
In recent years, worldwide aviation industry facing with various bottlenecks, such as labor shortages and airport strikes, and these problems have led to additional disruptions for passengers and the operations of airline companies. However, British aviation industry was expected to sustain its revenue growth in the coming years, and the same is true for easyJet.
After the global outbreak trajectories in easyJet
The coronavirus pandemic had a severe impact on easyJet's financial performance: the company's annual revenue streams declined by over 50 percent in 2020 and 77 percent in 2021 compared to the pre-pandemic year 2019. However, in the years that followed, the airline's operations showed signs of improvements and even some of them reached new all-time peaks. For example, the airline’s revenue peaked at approximately 9.3 billion British pounds in 2024. That year, the company recorded its second net profit of 452 million British pounds since the global outbreak started. Moreover, easyJet’s EBITDAR, a significant measure to analyze a company’s performance, reached a new peak of nearly 1.37 billion British pounds since 2009.easyJet's strategy to reach net zero
As decided in the Paris Agreement in 2015, all countries and global companies committed to working together to keep the global temperature increase below two degrees Celsius. Like the other global airlines, easyJet steadily creates and implements new strategies to decrease the carbon emissions produced by its operations. In 2024, easyJet emitted 66.64 grams of CO2 per revenue-passenger-kilometer. The emission level of Ryanair, one of the closest competitors, was 65 g/RPK during the same period.EasyJet’s short-term plan to tackle its emission levels is to increase efficiency in its fleet. Therefore, easyJet has been purchasing Airbus NEO aircraft, which are well known for their fuel efficiency. As of 2024, easyJet had 69 A320Neo and 16 A321Neo. Furthermore, easyJet made long-term agreements with fuel suppliers like Neste Neste to secure the future Sustainable Aviation Fuel consumption. According to the International Aviation Agency, using sustainable aviation fuel is the leading way to reduce emissions in the aviation industry.