easyJet swings deeper into losses as Iran/Middle East conflict lifts unhedged fuel costs; CEO flags operational upside but uncer
easyJet reported headline losses of £352 million for the six months to March 31, worsening from £339 million a year earlier, with the Middle East conflict contributing £325 million in unhedged fuel costs despite a 12% revenue increase. The carrier says full summer operations are planned, though forward bookings have dipped and it is monitoring potential aviation-fuel shortages.