Easyjet has shaken off strikes, fire, and strife—but Ryanair is still flying higher

An air-traffic controller strike in France, a fire at Rome’s airport, terrorist attacks in Tunisia, and Greece’s great depression. The omens weren’t great for EasyJet’s latest quarter, but the budget airline’s shares jumped today after it unexpectedly reported halfway decent results for the three months to June.

The strikes, fires, and other strife took a toll on profit, of course, but a perky UK economy and busy routes to beach destinations cushioned the blow. And things are...

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