Friday 18 October 2019

Deal not in the bag: UK 'couldn't negotiate buying packet of crisps', says O'Leary

Ryanair chief Michael O'Leary. Photo: Bloomberg
Ryanair chief Michael O'Leary. Photo: Bloomberg Business Desk

Airline chiefs say a Brexit crisis in March has been avoided, but the lack of political progress has dampened consumer demand.

Ryanair's Michael O'Leary told said potential instability has been delayed not resolved. "[A deal] is good news in the short term, but fixes nothing over the medium term because they are still going to have to negotiate the trade deal," he said.

"And what the UK government have demonstrated in the last two years is that they are incapable of negotiating the purchase of a packet of crisps," he said.

At this week's Airline for Europe summit in Brussels IAG CEO Willie Walsh said: "I don't think it's concern that we've expressed - it's frustration... we do really need the politicians to resolve this.

"The industry manages [these uncertainties] better than any other industry... I'm fairly confident that IAG and other airlines will be able to manage this situation whatever happens."


Also in Business