Easyjet profits tumble after year of 'challenges'

Easyjet profits tumble after year of 'challenges'
 

Easyjet's profits have tumbled during what the airline said had been a year of "significant challenges"
Pre-tax profits in the year to 30 September fell 27.9% to £495m, although the fall was in line with guidance that the carrier gave last month.
Sterling's weakness, the impact on air travel of terror attacks, and air traffic control strikes hit trade.
Although passenger numbers rose 6.6% to 73.1 million, revenues fell 0.4% to £4.67bn as the airline cut fares.
Easyjet's chief executive, Carolyn McCall, said: "EasyJet achieved a resilient performance in 2016, in the face of... read more

 
15 November 2016 in Business, Views: 45
Source: BBC
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