Easyjet has revealed a £200m profit hit as the budget airline battles with the soaring energy costs caused by the Iran war.

Ryanair shed more than a third of its profit as the rising jet fuel prices caused by the Iran war began to take effect.

The Irish low-cost carrier reported a 34% drop in profits after tax to 538 million euros (£457 million) for the three months to the end of June.

The Irish airline said fares are continuing to come down ‘modestly’ in the second quarter

Irish no-frills airline Ryanair on Monday said net profit slumped 34 percent in its first quarter as the Middle East conflict sent jet-fuel prices soaring and impacted ticket…

Easyjet has revealed a £200m profit hit as the budget airline battles with the soaring energy costs caused by the Iran war.

(Il Sole 24 Ore Radiocor) - La compagnia aerea low cost Easyjet ha registrato un netto calo dell’utile nel terzo trimestre dell’esercizio in corso, penalizzato...

The carrier reported pre-tax profits tumbling to £85 million in the three months to June 30 from £286 million a year earlier.

Pre-tax profits tumbled to £85 million in the three months to 30 June, from £286 million a year earlier

Budget airline, which has two US investment firms vying to buy it, also affected by passengers booking later

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easyJet recort� un 70% sus beneficios antes de impuestos en su tercer trimestre fiscal (de abril a junio), afectada por las consecuencias de la guerra de Ir�n tanto en los...

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