EasyJet warned that a strike by French air traffic controllers and rising fuel costs would impact its annual profit, dropping shares by 8pc. The airline forecasts a £25m hit from the French strike on July 3 and 4, coinciding with Europe’s peak travel season
EasyJet reported a pretax profit of £286m for the third quarter, aligning with market expectations Booking trends show travellers are delaying reservations amid deteriorating global economic sentiment, influenced by recent heatwaves
EasyJet plans to announce new mid-term targets at the end of the year, relying on late summer bookings for outcomes
Kenton Jarvis shared “we are extremely unhappy with the strike action by the French ATC in early July, which as well as presenting unacceptable challenges for customers and crew also created unexpected and significant costs for all airlines.”
