easyJet shares dip on load factor weakness

Investors in airlines are often sensitive to any perceived lag between passenger and capacity growth. This was a key cause of the significant slide in easyJet’s (EZJ) share price following a trading update. While the number of passengers carried increased by 8.6 per cent, this did not keep pace with a 10.3 per cent increase in capacity, leading to a 1.4 percentage point decline in load factor to 91.5 per cent.