Airlines with high exposure to the UK have taken a bashing due to worries by investors about the threat to the airline membership of the single European aviation market following the Brexit vote.

RYANAIR has plans to start more routes this year than any other airline worldwide with analysts predicting it could return to aircraft buying in the coming years.

Aer Lingus chiefs tonight rejected Ryanair’s ambitious plan to takeover the Irish flag-carrier.

Shares in British Airways fell sharply today as City gloom deepened over the airline’s trading outlook.

ABN AMRO aviation analyst Andrew Lobbenberg is being hailed in the London media as the one analyst who did not buy into the Ryanair success story.