Rates are volatile at the moment
Holidaymakers concerned about the fall in the value of the pound are being urged to "watch rate movements carefully".
Mr Boden said: "Our advice for people planning overseas trips is to watch rate movements carefully in the weeks leading up to their departure, and change money at times when the rate rises." Mr Boden noted that sterling's drop in value is "much smaller" against currencies used by European countries. Airlines pay for a large proportion of their costs in US dollars, such as fuel. EasyJet chief executive Johan Lundgren admitted that the fall in the value of the pound "does have an impact" on its finances.
"But, on the other hand, we're one of the best hedged airlines when it comes to the fuel position and the effects of this going forward. Of course, it does have an impact but it has less impact on us versus some of our competitors."
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