Business travelers and tourists could be prevented from flying in and out of the U.K. as of March 2019, the chief financial officer of Ryanair warned on Tuesday.
If the U.K. government doesn't strike any sort of deal with the European Union regarding flying regulations, airlines will have to stop their activities in the country, Neil Sorahan, the chief financial officer of budget airline Ryanair told CNBC.
"We need to get some kind of clarity on whether the U.K. is going to stay in the open skies (agreement). It looks like they're not and if they don't then we need to see some movements made in relation to negotiating bilateral agreements," he said.
"If these bilateral agreements are not negotiated by October 2018 then the chances of being rectified by March 2019 are very slim, which means there's a distinct possibility that there could be no flights in and out the U.K. for a period of time … days, weeks, months, we don't know," Sorahan warned.