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easyJet, fuel's cost increase double losses in the first half of the year

London, UK - According to the chief executive, competitors companies may disappear

easyJet yesterday announced the increasing price of oil is keep on denting its profits. Chief executive said if fuel remains at record levels, "Weaker competitors will disappear" and "easyJet will emerge stronger". For the six months to 31 March the budget airline made a GBP 57.5m loss, including GBP 9.1m of costs from its selling of GB Airways, against GBP 17.1m the previous year. easyJet usually...

AVIONEWS - World Aeronautical Press Agency - 1089268
Rome, Italy, 05/08/2008 15:32
AVIONEWS - World Aeronautical Press Agency

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