EasyJet shares fall on profit miss, CEO departure

EasyJet Plc passenger aircraft on the tarmac at London Southend Airport in Southend-on-Sea, UK, on Friday, May 3, 2024. Shares of EasyJet fell more than 7% on Thursday after the low-cost airline posted a slightly larger-than- expected loss in the first half of the fiscal year and announced the forthcoming departure of its CEO. EasyJet shares pared losses slightly to trade down 5.9% by 10:53 a.m. London time. Lundgren told CNBC that the company sees "positive momentum" coming into the summer travel season, w ...