Bengaluru — Budget airline EasyJet warned on Monday that European travellers were holding off booking their summer holidays for fear of how the Brexit process may end, weakening demand for tickets and prices. In a trading update brought forward after an internal review of Brexit preparations, easyJet confirmed its previous expectations of a £275m loss in the six months to the end of March along with a fall in average prices per seat. It also said it hoped prices would rise in the second half of its financial year, but based that on the assumption that Britain will have resolved its Brexit debate. The airline said that while domestic travellers were still booking, there was a visible drop in demand for flights to and from the UK. The airline had previously been among the more bullish voices in the sector on the fallout of Britain’s progress on leaving the trading bloc, playing down the risks when it raised dividend payouts last November. Its share price sank 8% in response to Monday’...

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