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A ‘no deal’ Brexit could lead to a cap on flights that will stunt important economic opportunities.
GENEVA - The International Air Transport Association (IATA) said that, although most passengers’ flights will go ahead despite the decision of UK Members of Parliament to reject the UK-EU Brexit agreement, there remains uncertainty for both travelers and airlines about post-Brexit air connectivity.
A ‘no deal’ Brexit could lead to a cap on flights that will stunt important economic opportunities and may lead to higher prices for consumers. The proposed guidance from the EU Commission in the event of ‘no deal’ calls for the current level of flights between the UK and the EU to be maintained, but does not allow for an increase in flight numbers in 2019 compared to 2018.
IATA research estimates that up to 5 million extra seats are scheduled for 2019 compared to 2018 in order to meet consumer demand. Many of these will be in the peak Summer season when families will be booking holidays. These are at risk if a ‘no deal’ Brexit occurs. Read more
Source: IATA
