ENLARGE Budget airline easyJet warned that the impact of a weak British pound and terror attacks would strain its earnings in its current fiscal year. Photo: ReutersLONDON—British budget carrier easyJet ESYJY -3.04 % PLC Thursday said profit in one of its most tumultuous financial years plunged as much as 29% after terrorist attacks slowed bookings and the U.K.’s Brexit vote led to a steep drop in the value of the British pound. EasyJet Chief Executive Carolyn McCall in July called the conditions the airline was having to fly through “one of the most difficult periods” in years. The financial impact of the weak currency is a cut in profit of around £90 million, the airline said. EasyJet carried 73.1 million passengers in 12 months to end-September, up 6.6% from the year prior.

Source: Wall Street Journal October 06, 2016 06:31 UTC