British Airways Owner: More Tourists With Weak Pound

The video discusses the impact of currency fluctuations, particularly the weakening of the pound against the euro and dollar, on IAG's profitability. It highlights increased costs due to higher oil prices and a weaker pound, affecting both corporate and consumer travel. The uncertainty surrounding Brexit and political instability in Spain are noted as factors influencing demand. Despite these challenges, the UK remains an attractive destination for tourism, and long-term trade and travel are expected to continue.

What factors are contributing to the softness in demand from UK corporates?

What historical trend is mentioned regarding currency movements and travel traffic?

What is the anticipated long-term effect of Brexit on the UK's trading economy?