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EasyJet presses on with Brexit plan as profits fall

Published Wed, Nov 16, 2016 · 09:50 PM

Berlin

BRITISH airline easyJet said on Tuesday it will apply for a new licence to continue flying within the European Union if Britain leaves the bloc as sterling's slide and fears of militant attacks hit profits.

Europe's second biggest no-frills airline behind Ryanair is among the most affected by the British vote to leave the EU because about 30 per cent of its flights are between and within member states other than Britain.

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