The Association of British Travel Agents (ABTA) warns Millions of UK tourists and business travellers may face higher air fares and few scheduled flights between the UK the European Union if Britain votes to leave the EU in June, adding that consumer protections such as free health cover and financial protection for package holidays will also be at risk. Furthermore, ABTA is concerned that in the short term, the "prolonged uncertainty" could weaken the pound against other currencies, reducing spending power overseas. This follows our note last month, when EasyJet and ex-Tui boss, Peter Long, warned that Brexit could risk tourists' safety and push up flight prices, adding it would herald a return to the days when flying was "reserved for the elite."
The Association of British Travel Agents (ABTA) warns millions of UK tourists and business travellers may face higher air fares and few scheduled flights between the UK the European Union if Britain votes to leave the EU in June, adding that consumer protections such as free health cover and financial protection for package holidays will also be at risk. Furthermore, ABTA is concerned that in the short term, the "prolonged uncertainty" could weaken the pound against other currencies, reducing spending power overseas. This follows our note last month, when EasyJet and ex-Tui boss, Peter Long, warned that Brexit could risk tourists' safety and push up flight prices, adding it would herald a return to the days when flying was "reserved for the elite."