EasyJet says first quarter is in line with expectations
British budget airline expects weak pound will cause 2017 profits to take a £105m hit
EasyJet is Europe’s number two no-frills carrier behind Ryanair. Photograph: Toby Melville/Reuters
British airline easyJet posted first-quarter revenue, cost and passenger numbers in line with its expectations and said forward bookings were ahead of last year.
EasyJet, Europe’s number two no-frills carrier behind Ryanair, warned however that the weak pound since the June 23rd Brexit vote meant that its 2017 profit would take a larger-than-expected £105 million (€121.7m) hit.