EasyJet loss widens in first half

EasyJet's after-tax loss worsened to £22.3 million ($40.7 million) in the six months ended March 31 from a £19.7 million net loss in the year-ago period. The carrier, which traditionally reports a loss in the first half owing to seasonal factors, said its net loss was reduced by a tax credit of £8.9 million but its fuel bill was £18 million higher than last year. In contrast to Europe's full-service carriers, the London Luton-based LCC has not implemented a fuel ...