Wednesday, June 29, 2016

Ryanair paralyzes new connections with Britain after the victory of Brexit – swissinfo.ch

International AFP

the CEO of Irish budget airline Ryanair, Michael O’Leary, during a press conference in Berlin on June 9, 2016

(afp_tickers)

the Irish budget airline Ryanair paralyze the opening of new routes to the UK in the coming months because of the uncertainty generated by the victory of Brexit in British referendum, said Tuesday its chief executive.

“I do not think we open new lines in the UK over the next 12 to 18 months until the current uncertainty disappear,” he told AFP Michael O’Leary in Brussels.

Ryanair gets more than a quarter of its sales in the UK and is particularly sensitive to the risk of financial turmoil after the victory of supporters of leaving the EU.

O’Leary said the entire fifty Boeing, which expects to receive Ryanair, other routes outside the UK will go.

“Many, if not all those planes, is go to EU countries: Ireland, Spain, France, Italy, Germany, countries of Central Europe, “said

the airlines are among the industries in the UK, with banks most exposed. the consequences of the outcome of the British referendum.

Ryanair, whose headquarters is in Ireland, a country in the euro zone, wants to stay out of the effects of a fall in the British pound.

the chief executive of Ryanair wanted Britain to remain part of the single European market despite leaving the block.

London must now negotiate its relationship with the EU with its European partners, others, a possible participation in the single market.

afp_tickers

international AFP

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