The Numis travel and leisure analyst, Wyn Ellis, has predicted the two sets of bombings and increased violence in Egypt will have cost easyJet £45m in the six months to the end of March. Ellis expects revenue per seat to decline by 3.7%.
He said: "Although Brussels accounts for only about 1% of easyJet's capacity, we believe that the bombings are likely to have a knock-on impact on short-haul city-to-city travel and on customer confidence."
Meanwhile, The Daily Telegraph reported on Saturday that TalkTalk is expected to expected to report its sales increased 3% to £1.89bn in the year to March 31 2016, following the telecom company making big changes to its security systems and undertaking cost-cutting.
Despite the sales rise, TalkTalk’s profits for the 12 months to the end of March 2016 are expected to fall to £8m, and analysts believe the cyber attack – during which 157,000 customers’ details were compromised – could continue to dampen profits until 2019.
TalkTalk, which is in the FTSE 250, reports its full-year preliminary results on Thursday.
