Ryanair CE: UK political events have muddied post-Brexit outlook
Ryanair CE Michael O’Leary said Wednesday that recent political developments in the UK have made the post-Brexit outlook for flights less clear. O’Leary said the risk of a hard Brexit, in which flights could at least be temporarily grounded, is being “underestimated” and has become “more likely.” O’Leary said it was likely there eventually would be a deal on flight rights between the UK and EU, though such an accord may not come in time to avoid a disruption to air travel. Still, O’Leary said, “I don’t think a no-flight scenario will last more than a couple of days or a couple of weeks.” He spoke as the airline announced 23 new routes for next year from 3 London airports. It will base an additional 5 planes at airports around the UK capital with passenger numbers from the area set to grow 5% to 26m. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-09-13/unaligned/ryanair-ce-uk-political-events-have-muddied-post-brexit-outlook
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Ryanair CE: UK political events have muddied post-Brexit outlook
Ryanair CE Michael O’Leary said Wednesday that recent political developments in the UK have made the post-Brexit outlook for flights less clear. O’Leary said the risk of a hard Brexit, in which flights could at least be temporarily grounded, is being “underestimated” and has become “more likely.” O’Leary said it was likely there eventually would be a deal on flight rights between the UK and EU, though such an accord may not come in time to avoid a disruption to air travel. Still, O’Leary said, “I don’t think a no-flight scenario will last more than a couple of days or a couple of weeks.” He spoke as the airline announced 23 new routes for next year from 3 London airports. It will base an additional 5 planes at airports around the UK capital with passenger numbers from the area set to grow 5% to 26m. <br/>
