
EasyJet profits plunge 70% as fuel costs soar amid Iran war
- EasyJet's pre-tax profit fell 70% to £85m amid Iran war-driven fuel costs
- Takeover battle between Apollo and Castlelake faces EU ownership rule concerns
- Rival Ryanair also reported a 34% profit drop from higher fuel costs
EasyJet has reported a 70% fall in quarterly profits, blaming soaring fuel costs and later customer bookings linked to the conflict in Iran, just weeks after agreeing a £5.7bn takeover deal. Pre-tax profit for April to June came in at £85m, down from £286m a year earlier, as…







