EasyJet reported weak operating figures showing that the British airline remains under pressure mainly because of the weakness of sterling and the tough pricing environment. Q2 is likely to remain challenging since Easter moves entirely into the second half of the year in 2017. On a longer term, the recent oil price increase should also come as another headwind for the airline.
24 Jan 2017
Facing double headwinds
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Facing double headwinds
easyJet plc (EZJ:LON) | 473 63.4 2.9% | Mkt Cap: 3,589m
- Published:
24 Jan 2017 -
Author:
Marc Laubel -
Pages:
2
EasyJet reported weak operating figures showing that the British airline remains under pressure mainly because of the weakness of sterling and the tough pricing environment. Q2 is likely to remain challenging since Easter moves entirely into the second half of the year in 2017. On a longer term, the recent oil price increase should also come as another headwind for the airline.