People’s revised travel choices and operating dollar costs could see UK airlines’ revenues take a hit, with airports’ passenger growth likely to halve over the next two years following the Brexit vote, according to Moody’s. In a note to clients on February 3, the ratings agency said it expects that “demand for air travel will be driven by weaker economic sentiment as a result of uncertainty over the shape of the UK’s future trading arrangements with the EU, as well as with other major economies with which the UK has trade arrangements in place by virtue of its current membership
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