UK-based low-cost carrier (LCC) easyJet has issued a profit warning in the wake of the UK’s decision to leave the European Union (EU). It said the June 23 referendum was the latest in a series of recent factors to adversely affect trading conditions. In a statement, the carrier said the “operating environment for all European airlines in May and June has been extremely challenging.” The London Luton-based airline said it had experienced 1,061 cancellations in the third ...

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