I think releasing late is where we are. EZY has to focus on shareholder value and is probably the best (except perhaps Wizz) to be able to exploit greater certainty in Europe than in the UK market, where many question marks remain. If EU negotiations go well then we may not see much difference. But if they go badly the Pound will loose value so will go less far abroad. Jet2 for example will have to price aggressively - they don't have a substantial European network. Easy can just retrench here at least for a while and place their airframes in the more certain, if not more prosperous EU markets. I don't see much other than austerity for the UK- rumour has Savid Javed is asking for 5 % cuts across the board from Government departments this spring.