EasyJet warns Iran war may slash summer bookings and fuel costs as losses widen

Fuel hedges may not fully shield fares later

EasyJet says the Iran war is pushing fuel costs higher, leading it to expect a bigger first-half loss. The airline also sees summer bookings slowing as customers book later and opt more for domestic travel. Even with fuel hedging, management warns that persistently high prices could still pressure fares later this year.