The Guardian Australia – Business ·business ·2 hours ago

EasyJet warns of higher pre-tax loss due to Iran war impact

EasyJet warned of a potential profit decline due to the ongoing Iran war affecting bookings and fueling costs. The budget airline expects a pre-tax loss of £540-£560 million for the first half of 2024-25, up from £394 million. Shares dropped 3% as customers delay bookings amid economic uncertainty and rising fuel prices.

Summary by Glance · The Guardian Australia – Business

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