The UK government’s mini-Budget caused sterling to crash to levels not seen since 1971, with fears it could even reach parity with the dollar despite a small recovery.
Virgin Atlantic chief executive Shai Weiss said 70% of the airline’s traffic went through the US, with 30% of revenue coming from the US.
Weiss said he had not yet seen any weakness in bookings and added: “We have seen this already after Brexit. We know holidaymakers reduce by one night and one star in accommodation. I think it is more of an adjustment down, possibly.
