FTSE 350 Review 2019 

FTSE 350: Turbulence in airlines and tourism

FTSE 350: Turbulence in airlines and tourism

Listen to the likes of Ryanair’s (RYA) Michael O’Leary and International Consolidated Airlines’ (IAG) Willie Walsh, and you may be tempted to hold off on booking your holidays for summer 2019. Such airline bosses have not been shy about their concerns that the UK could leave the EU without a deal, and more importantly without an agreement on aviation rules. They warn that there is no World Trade Organisation (WTO) equivalent to the Open Skies Agreement that currently allows British planes to fly to and from the EU without disruption, and so they could be forced to ground flights post-Brexit in a no-deal scenario.

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