It seems ash has once again clamied more victims… in the form of hard cash.
EasyJet has report it will be down from £50m to £75m
TUI have also suffered to the tune of t£90m, as it reported a six-month loss of £367m.
Thats a lot of bread.
EasyJet is on target to improve its profits, even in this bad year – including the £21m loss due the mad snow that occurred in January.
BA of course suffered, and is still suffering at a cost of £45m lost in strikes.
If last year was rough in the industry, this year might has recovery, but it’s going to be rocky.