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Brexit fears knock EasyJet’s profit

EasyJet’s annual profit fell for the first time since 2009 amid lower demand and the decline of the pound following Britain’s EU referendum. ||| London - EasyJet’s annual profit fell for the first time since 2009 as a spate of terror attacks clipped demand and the decline of the pound following Britain’s vote to quit the European Union inflated foreign-currency costs. Pretax profit for the 12 months ended September 30 is expected to have been in the range of 490 million pounds to 495 million pounds ($623 million-$630 million), Luton, England-based EasyJet said in a trading update on Thursday.
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