Ash and snow take a bite out of easyJet, but still profitable
Mother nature is going to cost easyJet as much as GBP100 million this year, but the UK-based LCC does not expect that to prevent it from posting a healthy profit. Winter snow disruptions in 2009 and 2010 resulted in losses of approximately GBP25 million. The recent ash-related airspace shut downs are expected to cost another GBP50-75 million.
