Easyjet Plc · LSE:EZJ
Easyjet — Investor Day (July 2023)
9 slides from Easyjet's investor day presentation, Jul 5, 2023
Slide 1: Operations and Customer Seminar
Operations and customer Seminar > David Morgan and Robert Birge > 5th July 2023
Slide 2: Agenda
Agenda > Summer 23 > Cost: • Productivity and Utilisation • Upgauging benefits • Other cost actions > Sustainability > Delivering ease and reliability > Q&A 2
Slide 3: Summer 23
Summer 23 > Executed recruitment plan • Started earlier than ever before • Insourced key processes – ID checks • Pilot pipeline > Mitigating disruption • Managing the uncontrollable & on the day disruption • Resilience proactively added • London Gatwick – added terminal & fleet manager roles to allo
Slide 4: Productivity & utilisation
productivity & utilisation > Capacity growth • Summer FY23 up +9% YoY • FY24 up >10% YoY > Crew productivity • Seasonal contracts • H1 capacity growth • Schedule & roster optimisation > Aircraft utilisation • Focus on winter to drive improved year round utilisation Higher asset utilisation = lower u
Slide 5: Upgauging
Upgauging A319 A320ceo A320neo A321neo Airbus order book: 163 aircraft (130 A320s, 33 A321s) for delivery between FY23 & FY28 Number of seats 156 180/186 186 235 Aging 319s: to be retired before reaching 20 years driving: • >£3 CPS saving Current fleet (at H1’23) 96 168 49 15 • 6% capacity growth on
Slide 6: Other cost actions
Other cost actions > Insourcing aircraft maintenance • Berlin hangar opened Jan 23 Fuel savings • 41% average cost saving per aircraft visit > Descent profile optimisation • Software retrofit on 135 aircraft • Lower thrust & fuel burn saving 50kg > Self service disruption management (SSDM) fuel per
Slide 7: Pioneering sustainable travel
Pioneering sustainable travel Net zero roadmap - development SAF supply secured to 2027 Descent profile optimisation - 135 aircraft upgraded World’s first run of an aeroplane engine fuelled by green hydrogen Improved or maintained all ESG ratings 7
Slide 8: Delivering ease and reliability
Delivering ease and reliability Industry leading customer perception - #1LCC1 Driving customer preference through Ease – customer experience focus UK FR CH Communications Brand awareness #1 #1LCC #1LCC - Mitigating anxiety through timely information flows Delivering on value #1 #1 #1LCC Airport jour
Slide 9: Q&A
Q&A