Easyjet has warned over the impact of Brexit, strikes and terror attacks on its summer trading figures.
Publishing its latest quarterly results CEO Carolyn McCall said current trading conditions for airlines are “one of the most difficult periods we have seen in a long time”.
“The economic and operating environment has been difficult in the third quarter due to a number of factors including air traffic control strikes and other industrial action, runway closures at London Gatwick and severe weather,” said McCall.
“These factors combined with industry capacity growth in short haul continue to have an impact on industry yields at a peak time of year.
“More recently currency volatility as a result of the UK’s referendum decision to leave the EU as well as the recent events in Turkey and Nice continue to impact consumer confidence,” she said.
The results showed that despite passenger numbers increasing in the third quarter compared to the same period in 2015, total revenue per seat decreased 8.3 per cent to £54.54 per seat.
Overall revenues fell 2.6 per cent to £1.2 billion and Easyjet didn’t provide a forecast because the current challenges facing the industry are so unpredictable.
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