Dubai carrier Emirates and other airlines have little concern over Brexit

The Emirates chief says Brexit is not a primary concern for the carrier, while other airline executives say Britain is in a position to woo even more visitors than before because of the weak pound.

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An Emirates Airbus A380 aircraft is seen above roof tops as it comes into land at Heathrow Airport. Justin Tallis / AFP

The Emirates chief says Brexit is not a primary concern for the carrier, while other airline executives say Britain is in a position to woo even more visitors than before because of the weak pound.

“Brexit is just one of many things that happened in the global economy,” said Tim Clark, the president of Emirates. “We have more important things to worry about than that.”

More than two months after the United Kingdom’s vote to exit the European Union sent airlines running for cover, carriers such as British Airways, Emirates and easyJet 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.

Carriers in Europe were already struggling before the vote with weak economic growth and the effects of terrorist attacks in cities including Paris, Brussels and Istanbul that have discouraged leisure and business travel. More info

By Bloomberg  www.thenational.ae

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