The discount carrier said that while its preparations for the UK-EU divorce were on track, economic uncertainty and confusion over Brexit were reducing demand for flights in the ultra-competitive market. It warned that the weakness would continue in the second half of its financial year to September 30.
EasyJet confirmed that it would post a loss of roughly £275 million for the six months ending March 31. Final results for the period will be released on May 17. Read MoreThe airline has established a subsidiary in the European Union to prevent its operations from being disrupted by Brexit. It said Monday that it will be"flying as usual" even in the event of a disorderly exit.
When you alienate 17.4 million potential customers...this sort of shit happens.... 🙄
Let's not forget, the EU should really start thinking about a drop in tourism, because people don't like getting stabbed and raped.
I scrolled too quick and thought Nickelodeon started an airline
EasyJet? That's the name? Hashtag branding failure. I want to fly on the hard ones.
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Source: CNBC - 🏆 12. / 72 Read more »