EasyJet Posts First-Half Loss, Blames Seasonality, Iraq War
EasyJet recorded a net loss of GBP46.9 million (US$75.5 million) for the six months to March 31, compared with a profit of GBP0.8 million a year earlier. Europe's largest low-cost carrier blamed the loss on "the normal seasonality of the business," the fact that the heavy traffic of the Easter...
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