EasyJet Reports 70% Profit Decline Due to Soaring Fuel Costs Amid Iran Conflict

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23 July 2026 at 3:21 pm

EasyJet Reports 70% Profit Decline Due to Soaring Fuel Costs Amid Iran Conflict

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Summary

EasyJet's profits plunged by 70% due to soaring fuel costs, exacerbated by the conflict in Iran, and passengers booking later, despite a recent £5.7bn takeover agreement.

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