EasyJet warns profits will suffer as Iran war hits bookings and fuel prices
Budget airline says passengers are leaving it later to book flights owing to economic uncertaintyBusiness live β latest updatesThe budget airline easyJet has warned the impact of the Iran war on bookings and oil prices will hit its profits, having driven up fuel costs by Β£25m in the last month alone.It said it expected to report an increased pre-tax loss of Β£540-Β£560m for the six months to March, up from Β£394m in the first half of 2024-25. The carrier typically makes its money in the second half of the year which includes the peak summer period. Continue reading...
theguardian.com