EasyJet quarterly sales drop as terrorism, strikes halt flights

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London - EasyJet’s third-quarter revenue dropped 2.6% as terrorist attacks in Europe and labour disputes in some of the airline’s main markets depressed travel.

Group sales in the three months ended June 30 fell to £1.2bn from £1.23bn a year earlier, the Luton, England-based budget carrier said on Thursday in a statement. Revenue per seat, or yield, slid 8.3% to £54.17.

Terrorism incidents across Europe and North Africa since last year have deterred tourists and business executives from traveling, and a deadly attack in Nice, France, and a failed coup in Turkey in the past week have exacerbated the drop.

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