easyJet Forecasts First-Half 2026 Losses Due to Fuel Costs and Booking Shifts

easyJet, Britain's budget carrier, announced it expects to report losses in the first half of 2026. The airline attributed this outlook to ongoing challenges stemming from the Iran war, which has contributed to elevated fuel prices and a delay in summer bookings. The fallout from the Iran war has led to sustained high fuel costs, increasing operational expenses for easyJet.

Additionally, the conflict has caused a lag in summer bookings, further impacting the airline's revenue projections for the period. These factors combined have pressured easyJet's financial performance, leading the company to anticipate losses in the first half of the year. The airline's statement was reported by @Reuters.