EasyJet swings to annual profit but sees hit from Gaza conflict
Budget airline easyJet has revealed it swung to an annual profit after a record summer, but warned over a hit from the conflict in Gaza. The group reported pre-tax profits of £432 million for the year to September 30, against losses of £208 million the previous year, seeing the group announce its first dividend payout to shareholders since the pandemic. Underlying, or headline, profits stood at £455 million against a