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WorldThe CEO of Easyjet says the airline will be impacted by the...

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The CEO of Easyjet says the airline will be impacted by the falling pound

The airline has “a lot of expenses in dollars and we have revenues coming in in pounds,” Easyjet would be hurt by the decline in the pound’s value, according to its chief executive Johan Lundgren.

He spoke at Luton Airport’s headquarters: “Clearly, the dollar is very strong versus the pound. It has an effect.

“But, on the other hand, we’re one of the best-hedged airlines when it comes to the fuel position and the effects of this going forward.

“Of course, it does have an impact but it has less impact on us versus some of our competitors.”

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