Articles tagged “brexit”

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

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.

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.

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.

In an economic downturn there are winners as well as losers. Whitbread will be hoping Premier Inn comes out on top when Brexit starts to bite.

A weak pound made the UK more attractive to tourists, but a chaotic Brexit threatens the country's hospitality industry.

IAG's outspoken CEO Willie Walsh has always been confident about post-Brexit flying rights — unlike some other airline bosses. The problem is the European Union seems to have other ideas.

Two and a half years after the Brexit vote, the UK is still sorting out its departure from the European Union. As the clock ticks down and the situation gets more serious, we should expect more horror stories in the coming months.

TUI seems to have mitigated the potential damage from a challenging operating environment. It will be interesting to see how it sustains its growth over the coming years.

It's not just UK airlines that are concerned about Brexit. An acrimonious departure could create uncertainty all over Europe.