EasyJet profits plummet as fuel costs clip wings "No-frills airline easyJet is expected to reveal the scars of the recession ... the competitive threat from the merger of British Airways and Spain's Iberia. Surging fuel costs in the first half are likely to more than halve easyJet's annual profits as it covered four full quarters of recession. The City consensus is for an underlying pre- ...

We would like to let you know about an opportunity to get some financial support to help out with your family's fuel costs. A non-profit organization called Free Gas USA is now accepting applications for grants to individuals to help with the purchase of gasoline for personal use. To qualify, all you have ...

easyJet-logo.jpg British budget airline easyJet reported on Tuesday a fall of 64.5 per cent in full-year profit, blaming soaring jet fuel costs for the same. The low-cost carrier said that pre-tax profit plunged 64.5 per cent from last year to 43.7 million pounds in the 12-month period ended September 30. read more

With today’s escalating fuel prices, it’s the time when drivers should focus on simple things like proper tire pressure & care to maximize performance & increase fuel economy. Drivers & car owners can actually increase fuel ... boost mileage as they influence the braking, steering, comfort, handling, fuel efficiency, & driving safety of your vehicle, yet, they’ ...

Although the price of oil has fallen from a high of $147.27 in July 2008 to about $80 a barrel this month, EasyJet’s locked-in hedges caused an “adverse variance to market rates” of about £330 million ($556 million) for the full year. The loss from the fuel hedge contrasts with EasyJet’s rival Ryanair, which two weeks

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