EasyJet losses soar as higher costs and drone disruption take toll

Airline issues Brexit warning after pretax loss of £275m in the six months to 31 March

EasyJet blamed economic uncertainty across Europe, exacerbated by Brexit, for a £275m loss in the first half of its financial year, with higher fuel costs and a £10m blow from the drone disruption at Gatwick airport in December adding to its problems.

The budget carrier’s pretax loss in the six months to 31 March contrasted with just £18m in the same period last year. The company said revenue per seat was likely to fall again for the summer, which could lead to lower fares.

Continue reading...
Responses are currently closed, but you can trackback from your own site.

Comments are closed.

Powered by WordPress | Designed by: index backlink | Thanks to insanity workout, car insurance and cyber security