EasyJet says Brexit uncertainty is hurting its business

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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European rather than UK stocks would suffer more in a no-deal Brexit, fund manager saysThe shares of European firms outside of Britain would suffer more in the event of a poorly executed Brexit, a strategist told CNBC Tuesday. Pretty damn obvious! Brexit argument gets lost in real problem. Mass over government, EU money pit with 40000 plus bureaucrats adding to excess in Westminster. Why do we need them to excess?
Source: CNBC - 🏆 12. / 72 Read more »