EASYJET WARNS INVESTORS OF LOWER EARNINGS IN UK

Discount airline easyJet warned Monday that the U.K.’s pending withdrawal from the European Union is causing travelers to hold back on booking tickets amid doubts over what Britain’s future relations with the bloc will be. EasyJet said that as a result, its earnings would be weaker in the second half of the year. Its first-half loss of 275 million pounds ($360 million) was within expectations, but the outlook for the six months through September is “more cautious.” Shares in the company fell almost 10% in London on the news.