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EasyJet Profit Falls 70% Amid Higher Fuel Costs, Lower Demand

Bloomberg Markets Thursday 23 July 2026, 06:25 UTC By Kate Duffy 1 min read
Key Points

EasyJet Profit Falls 70% Amid Higher Fuel Costs, Lower Demand EasyJet Plc said profit fell by 70% in its fiscal third quarter as the UK budget carrier continues to suffer from higher jet fuel costs and lower consumer demand, driven by the impact from the Middle East conflict. Profit before tax in the quarter ending in June was £85 million ($114 million) compared with £286 million a year earlier, EasyJet said on Thursday. That still beat Bloomberg analyst estimates of about £80 million.

EasyJet Profit Falls 70% Amid Higher Fuel Costs, Lower Demand EasyJet Plc said profit fell by 70% in its fiscal third quarter as the UK budget carrier continues to suffer from higher jet fuel costs and lower consumer demand, driven by the impact from the Middle East conflict. Profit before tax in the quarter ending in June was £85 million ($114 million) compared with £286 million a year earlier, EasyJet said on Thursday. That still beat Bloomberg analyst estimates of about £80 million.
EasyJet Profit Falls (ORG) Lower Demand EasyJet Profit Falls (ORG) Lower Demand EasyJet Plc (ORG) UK (LOCATION) the Middle East (LOCATION) EasyJet (ORG) Bloomberg (ORG)
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