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Fall of the easyJet profits

London, UK - The UK carrier is optimistic

EasyJet has reported a 28% drop in full-year profits. The fall is worse than expected and the company says that the fall was caused by the costs relating to its takeover of rival no-frills airline Go and by the fallout from the Iraq war. The pre-tax profits dropped to GBP 52 m for 2003 to September 30. In spite of this fall the airline remains optimistic: a year ago it was aiming at a capacity growth...

AVIONEWS - World Aeronautical Press Agency - 55275

AVIONEWS - World Aeronautical Press Agency
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