Following the UK’s June 23 vote to leave the European Union (EU), IATA said preliminary estimates suggest UK air passengers could decline 3%-5% by 2020, following an expected economic downturn and predicted falling British pound sterling (GBP) exchange rates. IATA DG and CEO Tony Tyler said “it is critical that whatever form the new UK-EU relationship takes, it must continue to ensure the common interests of safe, secure, efficient and sustainable air ...

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