British budget airline EasyJet has seen a dramatic fall in pre-tax profits in the year to the end of September. The airline, the second biggest in Europe by number of passengers, says the year held a number of what it called significant challenges, which included the post-Brexit slump of the pound and terror attacks.
The news came as Easyjet revealed it has set up a new airline in Europe ahead of Britain's exit from the European Union. From London, Catherine Drew reports.
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