EasyJet to increase fares as Iran war drives up costs

EasyJet Sees Drop in Summer Sales Over Iran War Uncertainty

Revenue jumped 12 percent to £3.954 billion, as passenger numbers rose six percent over the reporting period.

EasyJet Posts Widened Pretax Loss as Middle East Conflict Heightens Uncertainty

The Iran war has led to the effective blockade of the key Strait of Hormuz waterway, normally a key route for Europe's jet fuel, and this has led to near doubling in fuel prices.