Oil prices slash £4m off EasyJet profits

Low fares airline easyJet today said high fuel prices could slash its profits by £4m (€6m).

Oil prices slash £4m off EasyJet profits
Mon, 07 Jun, 2004 - 11:29

Low fares airline easyJet today said high fuel prices could slash its profits by £4m (€6m).

The carrier said it expected pre-tax profits of at least £52m (€77m) this year if global oil prices ease slightly and the pound stays reasonably strong against the US dollar.

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