Airlines’ Brexit Concern Eases as Pound Drop Pushes U.K. Visits
- EasyJet CEO says U.K.’s EU-exit vote impact only ‘short term’
- Brexit ‘just one of many’ global issues, Emirates’ Clark says
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More than two months after the U.K.’s vote to exit the European Union sent airlines running for cover, carriers such as British Airways, Emirates and EasyJet Plc have concluded the fallout on traffic will be manageable.
While last-minute summer bookings plunged and fares extended their drop in the immediate aftermath of the June 23 referendum, corporate travel demand is expected to come back and Britain is in a position to woo even more visitors than before because of the weak pound, executives said at an industry conference in London.