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Nigel Cassidy

Morning Money: Brexit caused headwinds for UK airlines - so why is Jet2 creating 1000 new jobs?

Nigel Cassidy
Original Broadcast:

Morning Money at 7:00 on

Morning Money: Brexit caused headwinds for UK airlines - so why is Jet2 creating 1000 new jobs?
There are some new headwinds for UK airlines one way or another. Ryanair boss, Michael O’Leary, has said he expects Brexit to cost the no-frills airline 5 million passengers next year, as he predicted the UK would end up looking “pretty stupid”. Easyjet meanwhile has remained silent on market talk of a possible bid. But bucking the trend, holiday airline Jet2.com has announced plans to create almost 1000 new jobs: hiring in pilots, cabin crew, and engineers starting in September to work from eight regional airports. Is this a a savvy move or a mistake? Matt Cox has been scoping out the airline sector with John Grant, Partner at aviation data and analysis specialists MIDAS Aviation.

Guests: Chris Bailey,Matt Cox,John Grant