EasyJet profits plunge 70% as fuel costs soar amid Iran war
EasyJet reported a 70% drop in pre-tax profits due to rising fuel costs linked to the conflict in Iran and a shift in booking patterns. The airline is currently the subject of potential acquisition bids from two US investment firms.
EasyJet reported a pre-tax profit of £85m between April and June compared with £286m during the same period a year earlier. EasyJet reported a pre-tax profit of £85m between April and June compared with £286m during the same period a year earlier. easyJet EasyJet profits plunge 70% as fuel costs soar amid Iran war Budget airline, which has two US investment firms vying to buy it, also affected by passengers booking later
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in