�y��vlog

Monarch airlines was not big enough, and thus did not have the purchasing power, to survive in this market argues Mr Byde.

Institutional investors tend to hold airline stocks for short periods, and might sell their shares or move them to one of its own EU entities, said Robin Byde, an equity analyst at Cantor Fitzgerald in London.

“There is plenty of time for any of these changes to be implemented,” Mr. Byde said.

Cantor Fitzgerald analyst Robin Byde said the impact of the virus was still uncertain.

"We think that this outlook statement adds to investor unease that consensus forecasts have generally run ahead," said Cantor Fitzgerald analyst Robin Byde.