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Turbulent times ahead for budget airlines

FEW sectors of business will be as badly affected by Brexit as the budget airline industry in the UK, fear…

By Weekender Online , in Back In Britain World News , at March 9, 2017 Tags: , , ,

FEW sectors of business will be as badly affected by Brexit as the budget airline industry in the UK, fear its main operators. Based on a business model that depends on EU wide co-operation for everything from permission to use airspace to gaining crucial slots at airports, the operators are pursuing various legal options to try and ensure that they can continue to operate viably. While the possible worst case scenario of British planes not being allowed to use European airspace seems highly unlikely, it does seem inevitable that things will become more costly and complicated post Brexit for British flyers. Brussels have said that there will be no special deal for any business sectors and there are also concerns that budget airlines in the EU outside of Britain may take advantage of the uncertainty to poach much of the British operator’s trade. As is so often the case, the uncertainty is the worst thing, exacerbated in an industry that needs to plan as far ahead as possible.  Combined with the fall in the value of sterling, budget airlines in the UK at least may well become a thing of the past.