Brexit: Implications for airlines | KPMG | UK

Brexit: Implications for airlines

Brexit: Implications for airlines

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Airline stocks around the world tumbled as the news of Brexit filtered through. Shares in listed UK airlines lost as much as a third of their value. In this article, James Stamp, KPMG’s Global Chair of Aviation, discusses whether airline stocks falling was a knee-jerk reaction to uncertainty or a reflection of a change to the sector’s long-term fundamentals. 

 

Highlights

  • Decision to Brexit has created a lot of uncertainty surrounding bilateral deals 
  • If UK economy dips, this will impact the number of trips abroad Britons take 
  • Leaving the EU complicates how airlines obtain airport slots, staff flights and sell products. 

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