easyJet posts narrowed first quarter loss despite £40m Middle East hit
easyJet PLC on Wednesday reported a narrowed first quarter loss despite taking a £40 million from the Middle East conflict. The budget airline said its performance has improved year on year, with booking trends giving a positive outlook for the remainder of the financial year. Underlying trends in the quarter were strong, although headline results were impacted by the conflict in the Middle East. The conflict had short term impacts from a pause in flights to Israel and Jordan and a temporary slowdown in fl ...