Ryanair CE says Brexit contingencies include 'Armageddon' scenario

Ryanair is planning for major disruption in its business as a result of Brexit including the outside possibility it may have to move its entire UK fleet to continental Europe, CE Michael O'Leary said. The airline flies one-third of its 120m passengers from UK airports, leaving it among the most exposed in the industry to Britain's decision to leave the EU. An "Armageddon" scenario, in which a hard-line approach from both sides leaves planes unable to fly between Britain and the EU at the end of 2 years of divorce talks is "unlikely, but a possibility," O'Leary said. "We have a plan, we think, for every eventuality," he said. Even in the best-case scenario in which Britain retained access to the EU's "open skies" deregulated aviation market, Ryanair does not plan to deploy to the UK any of the 65 planes it has due for delivery during Brexit talks. <br/>