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easyJet increases losses and profits

London, United Kingdom - Cost-cutting and growing gains do not offset fuel expenses

easyJet makes known today that, in the six months ended last March 31, airline’s net losses increased 87.3% compared to the same period a year ago, despite a strong gain. The blame is obviously to be put on fuel costs, whose rise was not offset by cost cuts (6.2%) in other sectors, profit growth (13.8%) and 10% more passengers. However the situation is slightly better than expectations and so the B...

AVIONEWS - World Aeronautical Press Agency - 140119

AVIONEWS - World Aeronautical Press Agency
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