Investor Presentaiton
MAKING LOW COST TRAVEL EASY
Building Europe's best network
> Largest airline in Europe at primary
airports
> Berlin optimisation - c.190% performance
improvement¹
> Low risk growth - 9 aircraft added into
Greek Islands with no margin dilution
Delivering ease and reliability
Ease - customer experience focus
> Reliability OTP delivery
> Operational ramp up complete - Easter
strong and reliable
(E
Transforming revenue
> Step changed ancillaries with continuing
growth
> easyJet holidays
> Expect to make >£80m in FY23
> Launching first international source market
(Swiss), departures from early 24
Driving our low cost model
> Lowest cost carrier on our primary network
> Cost efficiencies unlocked through
initiatives such as BER hanger & Descent
profile optimisation
H2 CPS ex fuel flat year on year
Strategic priorities that will create value for our shareholders
Expect to accelerate delivery of
medium term targets
Mid teen EBITDAR Margin
Low to mid teen ROCE
Holidays £100m+ PBT
contribution
Grow capacity back to 105m
1) Based on contribution per block hour
HY 2023 RESULTS
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