Warning of 'summer uncertainty' as EasyJet shares tumble

EasyJet shares fell 19% after the firm said it will take a £28 million hit following two months of turbulence and warned that Brexit would have a negative impact on the airline.

EasyJet shares fell 19% after the firm said it will take a £28m hit following two months of turbulence and warned that Brexit would have a negative impact on the airline.

Share fell from 1313p to 1061p as it flagged strikes in France in May and June and severe weather and congestion issues at Gatwick leading to more than a thousand cancellations, with the EgyptAir tragedy also denting demand.