EasyJet slides as Brexit fog hits demand

EasyJet has warned that the crucial holiday months will be weaker than expected as low-cost airlines feel the brunt of the UK’s political crisis over Brexit and waning consumer demand

Analysts cast doubt on EasyJet target. Pic: Getty

The UK’s faltering attempt to exit the European Union is hurting demand for air travel, just as the busy summer season gets under way.

EasyJet shares suffered their biggest drop in more than two years on Monday morning after a warning that the crucial holiday months will be weaker than expected as low-cost airlines feel the brunt ofthe UK’s political crisis over Brexit and waning consumer demand.

“We had hoped for for a ...