Russ Mould, investment director at AJ Bell, said: “Having fallen sharply yesterday on fears tightened EU ownership rules might nix US bids for the airline, EasyJet recovered some ground despite reporting falling profit today.
“The numbers laid bare the impact of the energy price shock unleashed by the Iran conflict as jet fuel costs soared. However, this will have come as little surprise to the market, which could find some solace from the solid customer numbers EasyJet put up.
“People are booking later, with demand impacted by the turbulent geopolitical backdrop, but the package holidays business continues to deliver solid growth.
“The big question now is whether one of its US suitors can get a deal across the line or if red tape gets in the way and EasyJet remains an independent entity.”
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