Business · 23 July 2026

Easyjet profits fall by 70% as the Iran war pushes up fuel costs

The carrier earned £85m between April and June, falling sharply from £286m a year earlier. Executives blame the Middle East conflict for raising fuel prices and causing anxious passengers to delay buying their tickets. Shares also dropped on Wednesday over reports that European regulators might block a £5.7bn buyout by the American investment group Apollo.

By BriefTea Editorial · 23 July 2026 at 11:06

Reported by City AM · How we write briefs

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