EasyJet Cuts Winter Schedule by 1.4 Million Seats Due to Fuel Costs

EasyJet announced a further 700,000 seat cut to its winter schedule, bringing total cuts to 1.4 million seats. The cuts are due to rising jet fuel prices, with EasyJet's CEO stating the aim is to reduce use of more expensive fuel.

Why it matters. EasyJet's cuts will affect passengers' travel options, while also impacting the airline's cost structure and profitability.