EasyJet 1Q revenue shows impact of terrorism-related cancellations

Credit: Rob Finlayson
UK low-cost carrier (LCC) EasyJet’s FY 2016 1Q revenue of £929.5 million ($1.38 billion), a 0.1% year-over-year drop, reflected lower demand after terrorist attacks in Egypt and France. In its trading statement for the December 2015 quarter, easyJet said its “strong revenue per seat performance in...

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