Ryanair Is the Latest Airline to Suffer Brexit-Induced Turbulence
Skift Take
While an expected profit of almost $1.5 billion is still mighty impressive, the warning signs are there that a prolonged period of Brexit-based uncertainty is likely to be very bad news for airlines.
Ryanair has followed rival EasyJet in sounding the alarm over the UK’s historic vote to leave the European Union.
The Dublin-based carrier has warned that profits for the year will likely fall by five percent to a new range of between $1.4 and $1.49 billion (€1.30 to €1.35 billion) in this year through the end of March 2017.
