FlyerTalk Forums - View Single Post - Does BREXIT mean higher or lower air fares over the next 12 months?
Old Jul 10, 2016 | 2:40 am
  #11  
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Originally Posted by chongcao
You are all right and all wrong in the same time.

Out from UK, the price will not be very much different.

But from EU, the price will eventually even out. The reason is banks in Italy is in crisis, banks in Germany is suffering, banks in Portugal is on life support, banks in Greece are already zombie...Eventually, Pounds will recover and be strong while Euro tanks. I think US bound flight will be slightly more expensive but flights to Asia will remain competitive.

Continue dreaming, Boris! Banks are preparing to withdraw from London. Prices ex London will however go down since BA and others need to get their seats sold. On the long run, there will be no need for a further runway in LHR. Good for the environment.
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