Airlines
EasyJet Calls Itself ‘Very Well Prepared’ for Brexit
Contingency measures include registering 130 aircraft in Austria and building a pool of spare parts in the EU.

EasyJet has become the second European low-cost carrier after Ryanair in recent weeks to warn that unit revenue is falling more than expected over the winter, but the UK operator remains upbeat on the effect of Brexit despite the ongoing lack of clarity on the terms of the country’s exit from the European Union in less than 70 days. In a call with analysts to discuss the company’s results for the quarter ended December 31, EasyJet executives characterized the airline as “very well prepared” for Brexit and likely “better prepared than anyone else that is out there,” according to EasyJet CEO Johan Lundgren.