They'll use it as an excuse to cut pay, but it shouldn't affect anything. Sterling and Euro have both gone down, the news reporting the Euro has dropped more. But given that, Morocco , Switzerland and Scandinavia aside, all their business is in the Euro and Sterling area, it shouldn't matter much. RYRs biggest headache now will be the relative jump in buying Boeing, but EZY don't have that worry (OK, some parts will come from outside the EU, so there will be a cost increase in new jets, but not much).