Fuel prices peaked at approximately $1,800 per metric tonne in April. But could investors be focusing too much on the profit decline and not enough on improving demand trends? Geopolitical tensions are also continuing to mount and have yet to find a point of relief, along with fuel prices ticking higher. EasyJet’s (LON:EZJ) outlook thus remains heavily dependent on consumer booking trends during the remainder of the peak summer season. If those expectations materialize, they could provide further support for EasyJet’s (LON:EZJ) outlook despite continued fuel cost volatility.