British Airways Bosses Say Flights to Europe Will Continue

Willie Walsh, the chief executive of International Airlines Group says that British Airways will continue to fly to Europe after Britain leaves the EU in March 2019. He added that the company will leave the issue to the politicians to resolve.

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shareprices.com - Monday, October 30, 2017

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Walsh’s statement came after Chancellor Philip Hammond said that it was theoretically conceivable that there might be no air traffic between the UK and Europe in the event that the UK left the European Union without a Brexit deal.

Walsh said that there would be an outcome, and that the airline would continue to fly. Whatever the deal was, it would be possible for the airline to manage their business. Walsh also said that he was confident there would be a comprehensive agreement between the UK and the EU that would cover the issue of air travel.

Brexit talks are underway, but there are many issues that need to be resolved, including residency and work agreements for UK citizens in the EU (and vice-versa), transport, trade and taxation. The negotiations are progressing slowly and there are concerns that the UK may end up reaching the Brexit deadline without comprehensive agreements in place and without the capacity to manage all of the issues that had been covered under European legislation. The next year and a half will be a crucial time for the UK economy, and will see trade negotiations taking place with both Europe and the US in preparation for the ‘divorce’.

 

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