EasyJet Profit Warning Linked Directly to Iran War Costs
📉 MARKETS — A budget airline's earnings are now a war casualty report. 📌 LOOK CLOSER: EasyJet's slide translates abstract oil shock into consumer-facing data: higher fuel costs, weaker bookings, depressed margins. With Brent above $95 and no Hormuz off-ramp visible, every European carrier faces the same math. "Suitors circling" signals markets expect prolonged distress — consolidation pressure on European aviation is a second-order war cost Brussels hasn't priced publicly.