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Euronews
Euronews
Doloresz Katanich

EasyJet losses deepen as Iran war drives fuel costs higher and hits bookings

easyJet Iran United States

British low-cost airline EasyJet said on Thursday that its losses widened in the six months to the end of March, as the Iran war pushed up jet fuel costs and weakened booking visibility.

The conflict continues to disrupt global aviation, with European jet fuel prices rising by more than 80% since late February amid disruption to shipping through the Strait of Hormuz, a vital chokepoint for around one-fifth of global oil supplies.

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