Easy posts first half loss
EasyJets first half loss widens to £22 mil with a warning that full year profits would be lower than last year.
Ray Webster says that at prevailing fuel prices and exchange rates, we continue to expect reported pre-tax profit to be below last year but in line with current expectations.
I realise that the most profitable part of the year is still to come but how long will they take to get back into profit or will they given the competition and current fuel prices?.