Articles tagged “brexit”

UK Regional Airline Flybmi Collapses and Blames Brexit

UK Regional Airline Flybmi Collapses and Blames Brexit

Patrick Whyte, Skift

The shakeout in European aviation many have predicted looks like it is happening in 2019.

2 days ago

British Airways Parent Places New Restrictions on Non-EU Shareholders

British Airways Parent Places New Restrictions on Non-EU Shareholders

Irene García Pérez , Bloomberg

The UK's departure from the European Union still isn't sorted yet, which means companies like IAG are putting contingency plans in place.

6 days ago

Heathrow Collects Dutch Parts for Luggage Carousels in Case of a No-Deal Brexit

Heathrow Collects Dutch Parts for Luggage Carousels in Case of a No-Deal Brexit

Irene García Pérez, Bloomberg

Call off the fearmongers. The CEO of Heathrow said operations should be fairly normal because of existing agreements if the UK exits the European Union without signed paperwork. That's reassuring, and we hope he's correct.

1 week ago

Thomas Cook Sale of Its Airline Could Be a Brexit Victim

Thomas Cook Sale of Its Airline Could Be a Brexit Victim

Lisa Pham, Bloomberg

Investors in Thomas Cook cheered when executives said they might sell its airline to pay off debt. But the next day an analyst's report spotlighted concerns about how Brexit-related regulatory snafus might hamper a sale. The divorce has so many unintended consequences.

1 week ago

TUI and Thomas Cook Face Up to Bleak 2019

TUI and Thomas Cook Face Up to Bleak 2019

Patrick Whyte, Skift

Well, well, well, it's not just Thomas Cook that's struggling. TUI is feeling the pain as well, and given its size and power, it's fair to say the whole European tour operator market is now in a bad way.

2 weeks ago

British Airways Takes Tough Line With Unions Amid Brexit Uncertainty

British Airways Takes Tough Line With Unions Amid Brexit Uncertainty

Benjamin Katz, Bloomberg

Britain's flagship carrier is refusing to offer its staff a standard three-year accord. It's proposing only a one-year deal due to uncertainty about Brexit. While unions dislike the move, British Airways does need to manage the risks of the UK's planned exit from the European Union in March.

2 weeks ago

Eurotunnel Dreads Brexit as Much as Everyone Else

Eurotunnel Dreads Brexit as Much as Everyone Else

Geraldine Amiel, Bloomberg

Even if you agree with the ideas behind Brexit pushers, you have to agree that everything that's been accomplished under its name is dumber than you could have previously imagined. Transport is just one of many issues.

3 weeks ago

Wizz Air Pinched by Fuel Price Rise

Wizz Air Pinched by Fuel Price Rise

Patrick Whyte, Skift

It might have been a difficult quarter for Wizz Air but it remains broadly optimistic. Along with other airlines, it will be hoping that the UK government comes to some form of agreement over Brexit.

3 weeks ago

UK Tourism Has a Europe Problem: Decline in Visitors From the Continent

UK Tourism Has a Europe Problem: Decline in Visitors From the Continent

Patrick Whyte, Skift

The UK might have seen a fall in tourists in 2018, but that has a lot to do with the extraordinary growth the year before. The longer-term trend is for steady growth as long as Brexit doesn't get in the way.

3 weeks ago

Brits on Holiday Face 3-Hour Entry Delays If No-Deal Brexit Occurs

Brits on Holiday Face 3-Hour Entry Delays If No-Deal Brexit Occurs

Irene García Pérez, Bloomberg

Many Brits love their summer holidays in Europe, but they may have to brandish passports that are valid for at least another six months, and face other bureaucratic delays before unloading their bags at the hotel. Was the pro-Brexit crowd taking this into account when they voted in favor of the referendum?

3 weeks ago

Airbus Threatens to Leave the UK If a No-Deal Brexit Unleashes Chaos

Airbus Threatens to Leave the UK If a No-Deal Brexit Unleashes Chaos

Benjamin Katz and Joe Mayes, Bloomberg

The boss of the European aerospace group Airbus told Britons to ignore "Brexiters' madness” that the company was too settled in Britain to leave. Certainly Airbus's 14,000 workers in the UK may face at least gradual job losses if a botched Brexit made it more difficult to manufacture aircraft parts in the UK than elsewhere. But maybe Airbus was playing politics, too.

3 weeks ago

Brexit Forces Airline Caterer to Stockpile In-Flight Meals

Brexit Forces Airline Caterer to Stockpile In-Flight Meals

Ellen Milligan, Bloomberg

With the UK still divided over the hows, whats and whens of Brexit, companies are having to adapt to the uncertainty. We'll see more stockpiling across all industries as the deadline approaches.

4 weeks ago