Might be some good news, at least for those on the flight paths. Looks like further airport expansion after an additional runway for Heathrow or Gatwick
might not be necessary after all.
Quote:
Revised projections from Iata suggest traffic will be nearer the lower limit of the forecast if the UK goes for a hard Brexit, compounding the impact of a falling pound and increased travel costs from limited access to the EU aviation market. Iata’s analysts said that reduced air capacity to and from the EU would “be expected to increase directly the cost of air travel with the bloc”.
If ongoing membership of the European Common Aviation Area is forfeited, Iata’s report warns, the impact would be “frontloaded” and the costs of air travel to the UK would remain higher for decades, dampening demand.
However, the weaker overall demand will make little difference to the main contenders for a new runway in south-east England, with Heathrow having effectively reached capacity in 2011, and Gatwick’s subsequent rapid growth seeing it forecast to reach capacity by the next decade if not before.
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---------- Post added at 20:59 ---------- Previous post was at 20:56 ----------
Quote:
Originally Posted by Pierre
our starting position should be a complete exit of everything EU.
And then negotiate our new relationship taking into account our wants and aims and their wants and aims.
But laying out that if it is a complete break we end up with, so be it, we won't be bullied or coerced into a poor deal.
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The above is just another of the impacts from a complete exit of everything EU.
I have no idea why the EU would be in any way bothered by that course of events; Schipol, CDG, Frankfurt and others would be quite happy to take the fees from transit travellers.