EasyJet warns of impact on profits as Iran war hits bookings and fuel prices
by Gwyn Topham Transport correspondent from World news | The Guardian on (#74ZPW)
Budget airline says passengers are leaving it later to book flights owing to economic uncertainty
The 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 25m in the last month alone.
It said it expected to report an increased pre-tax loss of 540-560m for the six months to March, up from 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.
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