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Easyjet dips as April strikes hit profit forecast

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Easyjet dips as April strikes hit profit forecast

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Profits for Easyjet have dipped after a difficult April with shares in Europe’s second biggest budget carrier down 8.5 percent.

Although the British firm remains on course for continued growth this year, air traffic control strikes and the Germanwings disaster have trimmed back its expectations.

Chief Executive Carolyn McCall described April as a “one-off horrible month”, saying that passengers had been deterred from booking by the uncertainty created by the threat of air traffic strikes as well the Germanwings crash in France, which claimed the lives of all 150 people on board.

Analysts say they will reduce annual profit forecasts to reflect the 39-million euro hit from the French stoppages that led to the cancellation of more than 600 flights.