Aviation

Brexit already damaging travel industry: Branson

Hannah Edensor

Hannah Edensor

Brexit hasn’t even officially happened yet, and already Virgin Group’s boss Sir Richard Branson says he can see the fallout in the travel industry.

Branson, who was recently voted the most coveted CEO to work with by Aussies, spoke at the launch of Virgin Atlantic’s inaugural flight from Heathrow to Seattle, and warned that just the thought of Brexit has got the industry all shook up.

Per Travel Weekly UK, Branson told a press conference, “I speak out and I think others should too.

“A hard Brexit will damage the travel industry severely, the travel industry has already been damaged severely from the thought of Brexit and we are talking about the travel industry losing hundreds of millions collectively, billions I suspect. So they’d be foolish not to speak out.”

Suggesting he would not disagree with people saying Brexit can – and should be – repealed, Branson said in business terms it’s a repeal worth looking into.

“If I was a business person and I was going to make the most important business decision of my life I wouldn’t decide to make it three years before it happens and then say I’m going to stick with whatever the outcome of those negotiation is in three years’ time,” he added.

“I would leave my options open and I just hope sanity will prevail and that if it’s going to damage Great Britain and the travel industry then I hope somebody will own up to that.”

Per Travel Weekly UK, Branson also said that Virgin Atlantic also needed to compete with new players in the low-cost, long-haul carrier game, but refused to “bastardise” its product to do so.

The brazen entrepreneur recently penned a farewell to Virgin America, which will soon be absorbed into Alaska Airlines’ brand following an acquisition. In his open letter, Branson called the carrier the “best consumer airline” in the US.

In particular, Branson was quizzed on the recent launch of Norwegian and IAG’s new airline LEVEL, introduced recently by British Airways parent IAG.

He said, “We must compete with anybody on low prices as well as quality. That’s what Virgin Atlantic has done for 33 years and will continue to do for the next 33 years.

“We will do it in a way that doesn’t bastardise our product.”

SEE WHAT PEOPLE ARE SAYING

One response to “Brexit already damaging travel industry: Branson”

  1. but who cares what Branson thinks. The people have voted for it, just like Trump in USA.
    It seems the loser can’t handle the fact that they lost. Get over it.

Leave a Reply

Cruise

Viking ups its marketing tools for Aussie agents

Looking to impress your friends and colleagues with some very specific cruise ship fun facts? You’ve come to the right place.

Share

CommentComments

Destinations

Giant 2,000-year-old cat mural found in Peru

A huge drawing of a cat relaxing has been uncovered in Peru’s Nazca Desert, and now we know where we’re headed the second international borders open.

Share

CommentComments

Destinations

Queensland to reopen borders to NSW (except for Sydney)

Sydneysiders were seen kicking cans down the street this morning while shaking their fists in Queensland’s general direction following the announcement.

Share

CommentComments

Travel Agents

Helloworld’s retail network “largely intact”, as company lays out border and travel ‘bubble’ forecasts

by Huntley Mitchell

Travel Weekly has poured over Helloworld’s quarterly update to bring you this package of highlights.

Share

CommentComments

Technology

Emirates unveils new NDC-powered gateway for travel agents

Have you always found Emirates’ online trade platform to be a little clunky and lacking in capabilities? Relieve your tech-induced pain here.

Share

CommentComments

Road & Rail

Velocity Frequent Flyer partners with Hertz-owned car share company

Are you seeking other ways to boost your Velocity points than by buying a case of Virgin Wines or signing up for another credit card? Look no further.

Share

CommentComments

Hotels

NSW introduces strict new laws to regulate short-term rental market

The new laws include a ‘three strikes and you’re out’ approach for irresponsible hosts. However, that’s not to say they will be forced to wield baseball bats or chew tobacco.

Share

CommentComments

Cruise

Royal Caribbean updates 2021/22 Aussie sailings

The cruise line has also launched a new agent-focused campaign to help you get clients booking early.

Share

CommentComments

Wholesalers

Intrepid slashes prices for NT trips

Show your clients that they don’t need to leave the country to experience epic scenery with this banger deal from Intrepid.

Share

CommentComments

Aviation

Qatar Airways entangled in online recruitment scam

Adding to its already horrendous news week, the airline has become embroiled in an online recruitment scam.

Share

CommentComments

Wholesalers

“It’s good business to have”: Contiki boss talks pivoting to domestic and why agents should target youth travellers

Adam Armstrong began his stint at Contiki at an interesting time, to say the least. Here’s his game plan for the brand and his advice for agents.

Share

CommentComments

Travel Agents

Flight Centre boss demands proof of Queensland’s border closure advice

Skroo’s patience with the Queensland government is wearing thin, after making yet another request to see the medical advice that influenced the state’s border closure.

Share

CommentComments