EasyJet profits plunge 70% as fuel costs rise amid Iran conflict
EasyJet has reported a sharp fall in quarterly profits after higher fuel costs and later passenger bookings hit the airline during the period affected by the conflict in Iran. The low-cost carrier said pre-tax profit dropped 70% to £85m in the three months from April to June, down from £286m a year earlier. It said the increase in fuel costs and the change in booking patterns were both linked to the conflict and the resulting rise in energy prices.The airline said fuel costs rose by £105m after hostilities in the Middle East pushed energy prices higher in late February. It... [Continue Reading]
360LiveNews | 23 Jul 2026 10:02 LONDON
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