A turbulent summer for European airlines

London

LAST week's deadly attack in Nice and attempted coup in Turkey have created fresh turmoil for European airlines already grappling with the fallout of "Brexit", with easyJet saying it was unable to give an earnings forecast and Lufthansa warning on profit.

EasyJet, Europe's No 2 low-cost carrier behind Ryanair, has in the past given a forecast profit range for the twelve months ended Sept 30 at this time of the year, but said on Thursday security worries, weaker consumer confidence and currency volatility were all dragging on its peak summer season.