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Evening Standard
Evening Standard
Business
City Staff

FTSE 100 Live: easyJet in red despite record summer quarter, oil stocks higher

Budget airline easyjet today reported a loss of £178 million, despite a record finish to its financial year.

The deficit for the year to 30 September followed losses of more than £1 billion in the two previous Covid-hit financial years.

Its earnings hit a record for a single quarter of £674 million over the summer, a performance chief executive Johan Lundgren said showed that “our transformation is delivering”.

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