Articles tagged “brexit”

The United Kingdom and European Union have finally agreed on a Brexit deal — but the drama isn't over yet. The UK parliament still needs to give its approval and at the moment, that isn't looking likely.

Companies have had a couple of years to get used to the idea that the UK is leaving the European Union. The biggest problem they still have is knowing the exact relationship between the two come next March. EasyJet thinks it is in good shape whatever happens.

Jet2 has big ambitions for its leisure travel division and Brexit, plus other factors, have the potential to derail things. It makes planning for the future very difficult.

Brexit might end up being pretty painful for the European aviation industry, especially those airlines with big operations into and out of the UK. Will Wizz Air be able to take advantage of this turbulence? We'll have to wait and see.

Ryanair has always taken a more negative view on the Brexit negotiations than other airlines, and with a deal still nowhere in sight, the potential for major disruption next April remains a possibility.

There's a lot of drama about what Brexit will mean for Europe's airlines. And much needs to happen before airlines know how the European air market will look long term. But at the end of this, we expect the status quo will remain, at least for the most part.

If the UK's economy tanks and people can't get into the country smoothly, then regardless what tinkering the government or the industry does, tourism is likely to suffer.

With the situation still far from clear, the biggest Brexit-related problem is the uncertainty it has unleashed on the UK. Consumers are worried and businesses can't plan for the future. Both of which point to a pretty bleak 2018.

Thomas Cook indicated that the problems in the UK were specific to this summer and that overall the business is in good shape. That might be the case but if the UK economy is hit by any Brexit-related issues in 2018 it could be a similar story – or worse – next year.

The rise of the so-called Brexpat, those who will commute from London to jobs in European financial hubs, is a prime opportunity for Surf Air as it expands in Europe.