UK low-cost carrier (LCC) easyJet is forecasting a £490-£495 million ($624-$630 million) full-year pre-tax profit, 29% down from £686 million in the prior year, after being “disproportionately affected” by major external shock events and disruption. In a trading update released Oct. 6, easyJet said the UK’s decision to exit the European Union (Brexit) is now expected to cause a £90 million exchange rate hit to the airline’s results for the ...
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