EasyJet blames Brexit, terror attacks and air traffic control strikes for lost profit as shares sink again



Low-cost airline EasyJet has revealed that its profits have been damaged by the plunging pound after the UK voted to leave the European Union.
The Luton based carrier said the pound - which this week hit fresh 31-year lows against the US dollar - would cost it £90million in its full-year profits.
Overall EasyJet warned it will be left nursing at least £125million in lost profit once the terror attacks in Europe, Egypt and Tunisia as well as air traffic control strikes in France and political turmoil in Turkey were factored in.
For the year ending September 30 it has now penciled in profits... read more

 
6 October 2016 in Business, Views: 51
Source: Daily Mail
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