LONDON, April 6 Ryanair, Europe's
largest airline by passenger numbers, plans to pivot its growth
away from Britain over the next two years as the country
negotiates its exit from the European Union, its finance
director said on Thursday.
Neil Sorahan told reporters in London that the airline had
planned to grow by about 15 percent in the UK last year but had
instead posted growth of about 6 percent.
"Ryanair is pivoting its growth away from the UK," he said.
"We may see that growth slow down as we get closer to the
divorce negotiations coming to an end, unless we get greater
certainty as to what we actually can or cannot do within
Sorahan said the airline also expected Brexit to hit growth
in both Britain and the EU, as both parties have to deal with a
completely new scenario, although they had not seen that come
"The only positive, I suppose, for our customers, is that
this will lead to lower fares, as we have to stimulate the
market," he said.
(Reporting by Alistair Smout; writing by Kate Holton; editing
by Guy Faulconbridge)