Limiting Brexit consequences good news for airlines – IATA chief

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International Air Transport Association (IATA) Director-General, Alexandre de Juniac, says that a leadership challenge to British Prime Minister, Theresa May, announced on Wednesday could be good news for airlines if it leads to Brexit being delayed or cancelled.

“Brexit is not good news for this industry. We have always said that. So whatever would limit the Brexit consequences is good news for the aviation industry. We cannot be viewed as a strong supporter of closing borders and trade protectionism and being taken apart from globalisation,” Juniac said on Wednesday.

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May, who faces a vote of no confidence in her leadership of the Conservative Party on Wednesday, said any new leader would have to extend or cancel the March 29 deadline for Britain’s exit from the European Union.