BUSINESSJul 23 · 08:24 UTCTHE GUARDIAN WORLDJoanna Partridge

EasyJet profits plunge 70% as fuel costs soar amid Iran war

EasyJet's profits fell 70% due to soaring fuel costs and later passenger bookings linked to the Iran conflict, despite a pending £5.7bn takeover. The airline's pre-tax profit dropped to £85m in Q2 2024 from £286m a year earlier, with fuel costs rising by £105m.

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EasyJetorganizationUS investment firmsorganizationIranplacefuel coststopicConflict in Irantopiclater bookingstopic

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