British airlines note the negative impact of Brexit

111976

British companies note that Brexit has already begun to have a negative impact on the sale of airline tickets, Bloomberg writes. Demand for air transportation was under pressure due to the depreciation of the pound sterling, Atlantic Airways and Jet2 reported. The desire of the British opposition to thwart a deal agreed upon by Prime Minister Theresa May with the European Union can further reduce demand. The deterioration of the air traffic situation is also expected by the Irish Ryanair Holdings, fearing that the UK will leave the EU without an agreement. At the same time, statements made in recent weeks by representatives of the UK and the EU about the existence of mechanisms capable of ensuring the continuation of aircraft flights even in the event of a “tough” Brexit, somewhat lessened the fears of British airlines.

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