Europe: Aviation industry braces for Brexit with CEs divided on fallout

At an aviation summit in Brussels this past week, Europe’s main airlines put on a display of unity over the challenges ahead. But the industry’s CEs were divided when it came to the biggest issue of all: Brexit. The UK’s scheduled departure from the EU in March 2019 has provoked widely varying reactions from carriers in the 28-nation bloc. The airline industry differs from others such as energy and chemicals where, from London to Lisbon, companies uniformly say that the UK’s departure is a major headache. The dissonance suggests some carriers sense the possibility of a Brexit accord that would prevent hassles for tens of millions air travellers while ushering Britain, home of Europe’s busiest airport, out of the European single aviation market. <br/>
Bloomberg
http://gulfnews.com/business/economy/aviation-industry-braces-for-brexit-with-ceos-divided-on-fallout-1.2185940
3/11/18