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Delta's UK woes signal tougher times for airlines' trans-Atlantic business

New entrants, uncertainty from Brexit vote threaten their operations

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TURBULENT PERIOD: A more than 10 per cent drop in sterling against the US dollar since the June 23 Brexit vote has chopped some US$40 million off Delta's annual UK sales.

New York

DELTA Air Lines Inc's decision to sell fewer seats from the United Kingdom this winter highlights the threat that Britain's planned exit from the European Union (EU) and new airline competition pose to US airlines that have raked in cash from flights across the Atlantic.

sentifi.com

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