New York: Delta Air Lines said yesterday it will cut back flights serving Britain this year in the wake of the country’s vote to pull out of the European Union.
Delta said it plans to reduce capacity on service between the US and Britain by six per cent this winter, citing the steep drop in the British pound and the rise in economic uncertainty after the vote.
Delta’s cuts to its British routes, along with other moves, will trim total system capacity by about one percentage point in the fourth quarter of 2016.
Airlines have emerged as one of the most exposed sectors to the surprise Brexit vote. The British breakup with the EU could disrupt air service agreements within the continent and raise costs to travel between Britain and the EU. That could affect Delta or partner airlines in Europe, such as Air France and Alitalia, on trips between Britain and the continent.
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