British low-cost airline EasyJet warned on Monday that uncertainty and unanswered questions surrounding Brexit are driving weaker customer demand for tickets in forward bookings.
“For the second half of our financial year we are seeing softness in the UK and across Europe, but we are operationally well prepared for Brexit and whatever happens, we'll be flying as usual,” said EasyJet chief executive Johan Lundgren.
EasyJet shares were trading down 8.9% on Monday morning.
In the first half of the year the airline said that is expecting a loss before tax of around £275 million, facing a combined £45 million headwind from higher fuel bills and a weaker currency.
First half revenue per seat at constant currency is expected to fall by around 7.4%, in line with previous guidance of a mid to high single digit decline for the first six months of 2019.