easyjetStocks fell Thursday after warnings that the Iran war and higher fuel prices were hurting customer bookings.
EasyJet said it had incurred approximately £25 million ($34 million) in additional fuel costs due to the US-Iran war and expected the airline’s costs to remain linked to volatile fuel prices in the coming months.
Shares fell as much as 8.7% before paring losses to 3.2% in previous trading.
The carrier said it expected to report a pre-tax loss of between £540 million and £560 million ($732.4 million and $759.6 million) in the first half of 2026. The company is due to report its full first half results on May 21.
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