EasyJet Posts Wider Loss, Shows Confidence In Rebuilding Profits

EasyJet’s pre-tax loss in the first half of its financial year widened to £153 million ($250 million), as the airline was hit by rising fuel costs and additional air service taxes. Revenues grew by 8.1% to £1.26 billion, with passenger numbers increasing by 11.6% to 23.9 million. “The past six...

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