Arab Today, arab today emirates airline president worried about brexit impact on eu economy
Last Updated : GMT 22:03:31
Arab Today, arab today
Arab Today, arab today

Emirates airline president worried about Brexit impact on EU economy

Arab Today, arab today

Arab Today, arab today Emirates airline president worried about Brexit impact on EU economy

Emirates airline president worried about Brexit impact on EU economy
Dublin - Arab Today

The head of Dubai-based airline Emirates has expressed concerns about the impact on travel across Europe if Britain votes to leave the EU in a June 23 referendum, as airline bosses gathered at a conference prepared for the worst.

Noting forecasts about economic disruption in the UK in the event of a vote to leave the EU, airline president Tim Clark said he was also worried about political and economic volatility in the rest of the 28-nation bloc.
“My concern is what will happen in the rest of the EU,” Clark told reporters at the annual IATA airline industry meeting in Dublin.
“Instability means lowering demand, lowering in demand means less people traveling on aeroplanes. How long that would last, I don’t know,” he said.
The CEO of German carrier Lufthansa also said he expected demand to fall if Britain leaves the bloc.
“We have already brought down our growth plans,” CEO Carsten Spohr said when asked whether the airline was making capacity adjustment plans in the event of a Brexit.
Airlines are among those that have benefited the most from EU agreements on open airspace and free movement of people, and airline executives fear Brexit’s resulting long-winded renegotiation period between governments which would need to take place to ensure that their current access to the skies was retained.
If Britain votes to leave, bilateral agreements allowing unlimited travel between Britain and the rest of the EU would have to be renegotiated. Britain would also have to agree other deals, such as with the United States, which has an open skies arrangement with the EU.
But for Irish carrier Aer Lingus, owned by UK-based International Airlines Group, chief executive Stephen Kavanagh said a Brexit could create opportunities.
“If Heathrow or the UK becomes difficult to transfer through from the European perspective, then that again accelerates the opportunity for us in expanding Irish airports as a gateway,” he said.

Source: Arab News

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today emirates airline president worried about brexit impact on eu economy Arab Today, arab today emirates airline president worried about brexit impact on eu economy

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Rebel supporters flood Yemen streets

GMT 06:39 2017 Monday ,27 March

Rebel supporters flood Yemen streets
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today Trump to roll back Obama clean power plan

GMT 11:10 2017 Monday ,27 March

Trump to roll back Obama clean power plan
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Uber grounds self-driving cars

GMT 09:11 2017 Monday ,27 March

Uber grounds self-driving cars
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Nermein Al Fekki films “Foxes in the Valley”

GMT 09:58 2017 Saturday ,25 March

Nermein Al Fekki films “Foxes in the Valley”
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 20:03 2017 Saturday ,25 March

Health expert warns from dust sensitivity

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday