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EasyJet shares fall on profit miss, CEO departure - TL;DR CNBC

EasyJet shares fall on profit miss, CEO departure

Publishing timestamp: 2024-05-16 05:53:05


Summary

EasyJet shares fell over 7% after posting a larger-than-expected pre-tax loss and announcing the CEO's departure in 2025. Despite the loss, the CEO remains optimistic about summer travel demand and does not expect EasyJet's schedules to be impacted.


Sentiment: MIXED

Tickers: EZJ-GB

Keywords: airlineseasyjet plctraveltransportationbusiness newsbreaking news: business

Source: https://www.cnbc.com/2024/05/16/easyjet-shares-fall-on-profit-miss-ceo-departure-.html


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