Research

Planes won’t fly


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Brexit

No-Deal Brexit Fear-Checker, No. 2

Government and Institutions

No-Deal Brexit Fear-Checker, No. 1

https://iea.org.uk/wp-content/uploads/2018/08/PlanesBrexit.pdf
This briefing explains that the UK and the EU would still be able to make arrangements which are already extended to non-EU members, such as an ‘air services agreement’ to keep planes flying. This would require flexibility on both sides, but the mutual interests in protecting aviation would be overwhelming.

Solutions include:

• UK retaining access to the EU’s Single Aviation Market on current terms by immediately re-joining the European Common Aviation Area as an independent member state, and remaining part of the European Aviation Safety Agency

• Negotiating a bespoke arrangement, effectively a new free trade agreement (FTA) for aviation only

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Julian Jessop is an independent economist with over thirty years of experience gained in the public sector, City and consultancy, including senior positions at HM Treasury, HSBC, Standard Chartered Bank and Capital Economics. He was Chief Economist and Head of the Brexit Unit at the IEA until December 2018 and continues to support our work, especially schools outreach, on a pro bono basis.



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