STORY: EasyJet forecast an virtually $33.5 million hit to annual revenue on Thursday (July 17).
It mentioned this was as a result of a strike by French air visitors controllers earlier this month and rising gasoline prices.
Sending the airline’s shares down as a lot as 8% in early commerce.
The low-cost service mentioned remains to be expects “good revenue progress” for the yr ending September.
EasyJet reported that pretax Q3 revenue rose round $67 million to $383 million, matching expectations.
:: July 4, 2025
Its CEO in an announcement voiced unhappiness with the strike actions which “introduced unacceptable challenges”.
Some analysts mentioned the service lower forecasts for the yr primarily based on Thursday’s outcomes.
Demand has remained robust for easyJet’s budget-friendly flights and vacation packages.
However vacationers total are taking longer to e book tickets amid worsening macroeconomic sentiment.
Its CEO mentioned that this development “may have one thing to do with sizzling climate”.
Positing that vacationers are ready to see how hovering heatwaves in Europe play out.
