Golf: Port Harcourt to host Nigerian National Finals Meridianbet partners UFC for Belgrade fight night Wikki Tourists administrator tasks players, coaches on NPFL return Oil block bidding: Inside Nigeria’s seven-hour transparency test MAN warns inflation won’t ease without reforms Nigeria’s money supply hits N133.25tn despite tight monetary policy Private sector credit climbs to N83.3tn amid lending growth Chrisland graduates 327, celebrates 16 UTME high scorers Foundation trains 28 seed producers, distributes agro-inputs to boost farming Police confirm mysterious death of five Abia family members Golf: Port Harcourt to host Nigerian National Finals Meridianbet partners UFC for Belgrade fight night Wikki Tourists administrator tasks players, coaches on NPFL return Oil block bidding: Inside Nigeria’s seven-hour transparency test MAN warns inflation won’t ease without reforms Nigeria’s money supply hits N133.25tn despite tight monetary policy Private sector credit climbs to N83.3tn amid lending growth Chrisland graduates 327, celebrates 16 UTME high scorers Foundation trains 28 seed producers, distributes agro-inputs to boost farming Police confirm mysterious death of five Abia family members

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EasyJet profits plunge 70% as fuel costs soar amid Iran war

EasyJet profits plunge 70% as fuel costs soar amid Iran war

The Guardian Business· 18h ago· 3 min read

Budget airline, which has two US investment firms vying to buy it, also affected by passengers booking later The low-cost airline easyJet has revealed a 70% slide in profits because of soaring fuel costs and later bookings as a result of the conflict in Iran, only weeks after it agreed to a £5.7bn takeover. The carrier reported a pre-tax profit of £85m between April and June compared with £286m during the same period a year earlier, as its fuel costs increased by £105m after the outbreak of hostilities in the Middle East in late February sent energy prices rocketing. Continue reading...

Continue reading at The Guardian Business

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