EasyJet flies into loss, on Brussels attacks, forex hit

London

BRITISH no-frills airline EasyJet said on Tuesday that it sank into losses in the first half of its fiscal year following the Brussels attacks, and after taking a vast foreign exchange charge.

Net losses stood at £20 million (S$40 million) in the six months to the end of March, compared with a slender profit after tax of £5.0 million during the equivalent part of 2014/15.