Jet2 boss Steve Heapy has warned that flights to Europe might change into dearer after Brexit, and {that a} no-deal situation would show “extraordinarily damaging” for the UK and EU.

The chief government of Jet2 and Jet2holidays added that journey might change into extra closely regulated for operators after the UK leaves the European Union.

“The worst factor that would occur is that we’re not capable of fly to Europe,” he instructed PA. “I believe the possibility of that taking place is extraordinarily low.

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“I believe we’ll find yourself with one thing within the center whereby we’re capable of fly into Europe, however I believe it may be dearer and there may be extra restrictions.”

The airline has deliberate for numerous Brexit outcomes, and has mooted including extra flights to international locations exterior the EU, corresponding to Turkey, in a worst-case situation.

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Brexit supporters exterior Parliament

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An anti-Brexit protester adjusts her pro-EU wig

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A message to Jeremy Corbyn in help of a folks’s vote

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A mock Titanic captained by Theresa Could heads in direction of an iceberg in a stunt by campaigning group Avaaz

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Anti-Brexit protesters exterior Parliament

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Protesters of opposing sides are in shut contact exterior of Parliament

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Work of Theresa Could and Jeremy Corbyn

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Former UKIP chief Nigel Farage speaks to the media on the protests exterior Parliament

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A professional-Brexit protester in Parliament Sq.

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Opposing protesters share the area exterior Parliament

Getty

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An anti-Brexit protester holds EU balloons exterior Parliament

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Anti-Brexit protesters stand on Westminster Bridge forward of at this time’s vote

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Former UKIP chief Nigel Farage speaks to the media on the protests outiside Parliament

Reuters

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Anti-Brexit protesters display exterior the Homes of Parliament

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A professional-Brexit protester units up exterior Parliament

Reuters

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An Avaaz campaigner holds a Individuals’s Vote life float

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A demonstrator holds an indication advocating a no-deal Brexit exterior Parliament

AFP/Getty

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An anti-Brexit protester waves an EU flag on Westminster Bridge forward of at this time’s vote

PA

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Protesters of opposing sides display exterior Parliament

AFP/Getty

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Protesters of opposing sides stand close to Parliament

Reuters

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Brexit supporters exterior Parliament

PA

2/20

An anti-Brexit protester adjusts her pro-EU wig

AFP/Getty

3/20

A message to Jeremy Corbyn in help of a folks’s vote

Getty

4/20

A mock Titanic captained by Theresa Could heads in direction of an iceberg in a stunt by campaigning group Avaaz

AP

5/20

Anti-Brexit protesters exterior Parliament

PA

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Protesters of opposing sides are in shut contact exterior of Parliament

PA

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Work of Theresa Could and Jeremy Corbyn

Getty

8/20

Former UKIP chief Nigel Farage speaks to the media on the protests exterior Parliament

Reuters

9/20

A professional-Brexit protester in Parliament Sq.

Getty

10/20

Opposing protesters share the area exterior Parliament

Getty

11/20

An anti-Brexit protester holds EU balloons exterior Parliament

Reuters

12/20

Anti-Brexit protesters stand on Westminster Bridge forward of at this time’s vote

PA

13/20

Former UKIP chief Nigel Farage speaks to the media on the protests outiside Parliament

Reuters

14/20

Anti-Brexit protesters display exterior the Homes of Parliament

EPA

15/20

A professional-Brexit protester units up exterior Parliament

Reuters

16/20

An Avaaz campaigner holds a Individuals’s Vote life float

Reuters

17/20

A demonstrator holds an indication advocating a no-deal Brexit exterior Parliament

AFP/Getty

18/20

An anti-Brexit protester waves an EU flag on Westminster Bridge forward of at this time’s vote

PA

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Protesters of opposing sides display exterior Parliament

AFP/Getty

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Protesters of opposing sides stand close to Parliament

Reuters

Nevertheless, Heapy mentioned the EU has “much more to lose than we do” from a state of affairs the place the UK crashes out with out a deal, because of the excessive variety of British holidaymakers who enhance European economies by way of tourism.

That is notably key for international locations like Spain, which welcomed greater than 18 million British guests in 2017; UK travellers make up 23 per cent of all overseas vacationers.

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Jet2 at present operates the UK’s third largest airline and second greatest tour operator, achieved by way of natural development, in line with Heapy.

“We don’t go for all-out development,” he mentioned. “I believe that’s very harmful in a enterprise the place you simply need development for the sake of it.

“We’re rising as a result of prospects are discovering Jet and Jet2.com holidays and reserving them and having a great time and rebooking them. The expansion is a results of success in offering a high quality product.”

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Heapy added: “We have now a really wholesome financial institution steadiness and if it involves a tricky time the place enterprise maybe is decrease than regular, we now have plenty of money within the financial institution and can be capable to proceed operations for considerably longer than plenty of our rivals.”

Final yr noticed the failure of a number of airways, together with Primera, Air Berlin and Cobalt, whereas Flybe was not too long ago purchased by a consortium led by Virgin Atlantic.