Halloween Brexit sparks shares jump for airlines
After the European Union (EU) have agreed to delay Brexit date to Halloween, UK-based airlines saw their shares jump up.
EasyJet, Thomas Cook Airlines and International Consolidated Airlines Group (IAG), the parent company of the United Kingdom flag carrier British Airway, all saw their share prices rise after news emerged that UK might be leaving the EU after the summer season, on October 31, 2019.
Previously, EasyJet said that “expectations, macroeconomic uncertainty and many unanswered questions surrounding Brexit” were causing weaker ticket sales in both UK and Europe.
While EasyJet complained about Brexit uncertainty, Eurowings have decided to use it, and the previous exit date set on April 12, for their check-in-tongue advertising. Hinting to UK Prime Minister Theresa May and her so-far unsuccessful attempts to secure Britain's departure from the EU with a deal, the company resealed the following ad:
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