EasyJet Profits Drop 70% as Middle East Conflict Boosts Fuel Costs
EasyJet reported a 70% drop in third-quarter pre-tax profits to £85 million for the period ending June 30, 2026, as the Middle East conflict drove up fuel costs and dampened consumer demand. The result follows a £5.7 billion takeover agreement with US private equity firm Apollo. The numbers are a stark reminder of how quickly … Read more