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EasyJet delivers robust full-year results, Israel war hurts outlook

LONDON (Reuters) -EasyJet on Tuesday reported 2023 earnings slightly ahead of analysts' expectations after a year of robust travel demand and forward bookings, but the British carrier said geopolitical instability would weigh on the current quarter. European airlines have been reporting strong results in recent months but war in the Middle East, high jet fuel prices and the threat of recession have subdued outlooks, with some investors warning profits may have peaked. EasyJet's earni...
City Of United Kingdom Sarah Young Alex Irving Kirsten Donovan Johan Lundgren
Source: yahoo.com

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EasyJet returns to profit but warns of Gaza war impact

British no-frills airline EasyJet on Tuesday announced its first annual profit since the outbreak of the Covid pandemic but warned that the Israel-Hamas war will impact its winter results.EasyJet chief executive Johan Lundgren gave an upbeat outlook, even if the group saw a negative impact from the Israel-Hamas war.
City Of United Kingdom Hargreaves Lansdown Johan Lundgren Sophie Lund Yates Johan Lundgren
Source: yahoo.com

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