RyanAir cuts 2017 UK capacity growth plans after Brexit

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Sharecast News | 31 Aug, 2016

Ryanair decided to slow the rate of growth of its capacity in the UK in 2017 following the result of the Brexit vote.

The Dublin-based carrier´s boss, Michael O´Leary, said the uncertainty created by the decision to leave the European Union had led it to cut its planned rate of UK capacity expansion next year from 15% to 6%, Reuters reported.

O´Leary also announced the budget airline carrier´s decision not to base any new aircraft in the UK following the country´s decision to leave.

In a statement detailing the company´s London summer 2017 schedule, O´Leary also called on Westminster to adopt a more radical decision when deciding on which airport´s capacity to increase.

He called on Theresa May to approve three new runways, one each at Heathrow, Gatwick and Stansted.

That, he claimed, would resolve the runway capàcity issue for the next 50 years.

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