BRUSSELS: Irish no-frills airline Ryanair will put the brakes on new UK connections for the coming months given the uncertainty caused by the British vote to leave the EU, its CEO said on Tuesday.
"I don't think we'll open up many new lines in the UK for the next twelve or eighteen months, until this current uncertainty is removed," chief executive Michael O'Leary told AFP in Brussels.
Ryanair earns more than a quarter of its sales in Britain and is particularly at risk to turbulence from the shock vote.
O'Leary said the entirety of an upcoming delivery of 50 Boeing aircraft would be used for routes outside Britain.
"Most of those, if not all of those aircraft, will be allocated to European Union countries: Ireland, Spain, France, Italy, Germany, central European countries," he said.
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