Aviation NewsEurope

EasyJet reveals record loss, will buy bigger planes to cut costs

EasyJet reveals record loss, will buy bigger planes to cut costs

An easyJet Airbus A320 Aircraft. Photo Credit: easyJet

Europe’s second largest budget airline, easyJet, suffered a record loss for the winter period partly linked to the fall in the value of the pound after the Brexit vote.
The late timing of Easter this year also had a negative impact on its results for the six months to the end of March.
The headline loss before tax rose to 212 million pounds (247 million euros) compared to a loss of 21 million pounds a year ago.
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