UK aerospace industry steps up no-deal Brexit plan to switch regulator

The British aerospace industry has stepped up plans for a Brexit exodus from the UK aviation regulator, as a second deadline for the UK leaving the EU without a deal looms. More than 600 British aerospace firms have now applied to be regulated in Europe as third-country parties under a scheme for companies seeking access to the single market in case of a no-deal Brexit. The scheme opened in October. The UK’s CAA gives regulatory approval for British-made parts to be used throughout the EU, but that ability will lapse if the UK leaves without a deal. The number of applications by UK firms for EU authorisation to cover themselves for a no-deal Brexit has tripled between December and July. The aerospace lobby group ADS estimates that about 800 companies will eventually need new regulatory arrangements under a no-deal Brexit. <br/>