FTSE 350 Review 2018 

FTSE 350: Brexit turbulence on route for airlines

FTSE 350: Brexit turbulence on route for airlines

Airline bosses have been some of the most vocal about potential Brexit pitfalls, and whether or not UK-listed airlines will be able to fly within continental Europe after the UK leaves the EU. The sector doesn’t have World Trade Organisation (WTO) guidelines to fall back on should the UK leave without a deal and would lose all benefits from the current Open Skies Agreement. Any optimism around a customised agreement for the aviation industry has been shattered after a leaked document from the European Commission eliminated such an option and confirmed fears that the UK airlines would automatically lose the right to fly within Europe.

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