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Brexit uncertainty hits Brittany Ferries' bookings

Writer: IntelligentInvestorJKD
IntelligentInvestorJKD
Nov 5, 2018
1 min read


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UK holidaymakers are delaying booking Channel crossings for next summer amid concerns about the consequences of Brexit, Brittany Ferries has said.

Forward bookings were down between 4% and 5% from some of its regular customers, the company said.

Nigel Wonnacott from Brittany Ferries said people were worried about the impact on areas such as pet travel, health insurance and driving licences.

The decline was "raising the red flag", he told BBC 5 live's Wake Up to Money.

Falls in forward bookings was affecting Brittany Ferries' cashflow, Mr Wonnacott said, and raised concerns about whether it would be able to fill its 10 ferries.

It will take delivery next year of a new vessel for the Portsmouth to Caen route, which accounts for about 30% of its traffic, that has capacity for up to 1,700 passengers.

Read on (source and credit)

https://www.bbc.co.uk/news/business-46095038


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