EasyJet to cut Stansted winter flights by 12%

EasyJet has announced cuts to its winter timetable as the high price of fuel eats into the no-frills airline’s profits.

The company said yesterday that it would reduce its flights to and from London Stansted airport by 12 per cent and cut flights at “less profitable” times. The company said it was also considering shutting its base in Dortmund, Germany, and warned of further cuts to capacity. The profits warning caused easyJet’s shares to fall by more than 10 per cent to 332.5p.

Independent