EasyJet warns on profit hit from French air strike and fuel costs
It said this was due to a strike by French air traffic controllers earlier this month and rising fuel costs.
Sending the airline's shares down as much as 8% in early trade.
The low-cost carrier said is still expects 'good profit growth' for the year ending September.
EasyJet reported that pretax Q3 profit rose around $67 million to $383 million, matching expectations.
:: July 4, 2025
Its CEO in a statement voiced unhappiness with the strike actions which 'presented unacceptable challenges'.
Some analysts said the carrier cut forecasts for the year based on Thursday's results.
Demand has remained strong for easyJet's budget-friendly flights and holiday packages.
But travelers overall are taking longer to book tickets amid worsening macroeconomic sentiment.
Its CEO said that this trend "could have something to do with hot weather".
Positing that travelers are waiting to see how soaring heatwaves in Europe play out.
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