EasyJet warns of Brexit hit to European demand

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EasyJet warns of Brexit hit to European demand
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British low-cost airline easyJet on Monday took a more cautious stance on its ou...

An EasyJet airplane is pictured at Leonardo da Vinci-Fiumicino Airport in Rome, Italy, March 30, 2019. REUTERS/Alberto Lingria

The carrier, which is the largest operator at Britain’s second-biggest airport Gatwick, said it expects to report first-half pretax loss of about 275 million pounds , with costs set to rise 18.8 percent. The carrier said it expects revenue for the six months ended March to grow 7.3 percent to about 2.34 billion pounds, with seat capacity increasing 14.5 percent to about 46.2 million pounds.

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