Ga. companies vow to adjust to Brexit curveball
Atlanta corporate giants with dogs in the European hunt reacted cautiously to the surprising outcome of the Brexit vote.
“It is too early to say what the results of the vote mean for aviation in the U.K., one of the world’s leading air markets, in the long term,” Delta Air Lines said in a statement. “It’s business as usual for the foreseeable future for Delta’s flights between the U.S. and Britain. Delta remains committed to the U.K. market.”
Coca-Cola’s No. 2 executive, James Quincey, had warned before the vote that an exit could create problems for the company.
“While there are a number of uncertainties, the Coca-Cola system has a long history of adapting to the political landscape of the countries where we operate, and this will be no different,” the company said in a statement Friday.
“We will remain focused on our business plans and our people, and our belief in our growth opportunity and our commitment to our business in Great Britain and throughout the European Union remains unchanged.”
Shipping giant UPS pledged to help customers through any new trade and customs regulations that result, while also endorsing open trade.
“Vibrant global trade has proven to enrich people’s lives through elevated economic activity, greater choice and more competitive products,” the company said.
A representative for Holiday Inn-operator InterContinental Hotels Group, an English company with Americas headquarters in Atlanta, said the company is used to dealing with instability.
“At this early stage, there are still a number of uncertainties around what the U.K.’s exit from the European Union will mean for businesses. However, we are very used to dealing with volatility and will manage the situation as it evolves.”
