Reports have been circulating in the European and UK press of the rising concern of investors in the large UK-European airline groups and how they and their individual airlines will be impacted in the event of a no-deal Brexit situation. These are not new questions but the urgency of the situation is increasing as the deadline approaches with no firm sign a deal is within reach. International Consolidated Airlines Group (IAG) is the main target for investor and media attention since it is formed of UK and European airlines. Spanish newspaper, El Pais, stated that IAG is negotiating with the

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