15-Nov-2016 4:46 PM
CAPA: Rise of uncertainty to slow economy, affecting airline industry
CAPA executive chairman Peter Harbison, speaking at the CAPA Asia Aviation Summit, noted (15-Nov-2016) the rise of uncertainty indicated in the UK vote to leave the EU and the recent US presidential elections. Mr Harbison said uncertainty results in postponed transactions and delayed investment decisions, slowing the economy, to which the airline industry is particularly sensitive.