. >> even the co of credit suisse said the sector in europe is uninvestable. >> citi doesn't think so. >>> let's talk about shares in easyjet, they are tumbling after the company said they are on course to post a 25% fall in profits in what would be its first full year earnings drop since 2009. look at shares, off by 6. %. the low cast airline said it expects 2016 profits to come in around 419 million pounds. easyjet blaming the fall on the brexit vote and the fall in sterling. also a couple other factors hitting the airline. terrorism, of course. and this is a company that has high exposure to the security hit destinations like egypt, turkey, paris and niece, and then low fuel prices spurred on a lot of overcapacity from the entire sector. as a result of that, some airlines are cutting prices. ryanair's average fair is re is euros. >> the passenger numbers are going up, but they have had to cut prices substantially. the currency hit, 90 million pounds in the currency hit alone. in july it was 40 million. that's more than double. again, jet fuel. priced in dollars, they are being hurt