Written by Rachael Kinsella
The International Air Transport Association (IATA) has urged the UK Government to shore-up its international air connectivity by achieving early clarity on post-Brexit issues.
"In building the post-Brexit world, the prosperity of the UK will depend on the strength of its connectivity—links with Europe and the rest of the world," said Alexandre de Juniac, IATA’s Director General and CEO, in an address to the UK Aviation Club.
"There is a real challenge ahead. When the UK leaves the European Single Market, it will also leave the European Common Aviation Area. And when it breaks from the European Union, all traffic rights to the rest of the world associated with Europe will also be thrown into question. The basis of international aviation is bilateral air services agreements. There is no WTO agreement to fall back on. For that reason, I don’t see any alternative to a negotiated agreement," said de Juniac.
IATA urged an early resolution for aviation in the Brexit discussion. "Time is precious. The Brexit clock is ticking towards a deadline of March 2019. But the aviation deadline is earlier. Normally passengers can book travel about a year in advance. At a minimum, the flight schedules and seat and cargo inventories must be available at least six months in advance. So that puts the airlines’ deadline at October 2018 – just 11 months from now," said de Juniac.
"My message to all involved is threefold: Get started. Don’t step backward – people will not accept anything that turns back the clock on the achievements of the EU Common Aviation Area. And, lastly, don’t underestimate the amount of work ahead as there are intense political and commercial interests at stake," said de Juniac.
While much attention has been paid to air service agreements, IATA urged action across a broad spectrum of issues including:
- Finding staffing, systems and process solutions for a potential ballooning of customs transactions from 4.6 million/month to 21 million/month.
- Developing immigration solutions to efficiently deal with the millions of travellers between the UK and Europe should border control procedures become more cumbersome.
- Defining the relationship of the UK to the European Aviation Safety Agency (EASA)
"The pressure is mounting, with passenger numbers predicted to grow irrespective of Brexit. Solutions need to be found quickly to ensure a smooth transition. With the amount of work that needs to be done, there are good arguments to put transition agreements in place," said de Juniac.
About Halo Financial
Halo Financial is a leading UK foreign exchange brokerage, offering a comprehensive range of services to individuals and businesses since its inception in 2005. The business prides itself on offering a flexible and personalised approach for each of its clients, simplifying the seemingly complex foreign exchange market to maximise savings in currency transactions, protect against currency risk and make money go further.
Staffed by qualified technical analysts, the company is authorised by the Financial Conduct Authority and HM Revenue and Customs.
“Excellent”, “Reliable”, “Professional”, “Knowledgeable”, and “Helpful”– just some of the great feedback received as a Gold Trusted Service Provider for Feefo.com. The team at Halo are proud that customers rate their services so highly and are happy to recommend to others. The company is always striving to provide the best possible service and to innovate services and products in line with customers’ ever-evolving needs.
Halo Financial won Best Customer Focus category in the 2016 Best Business Awards; received OPP Gold for Best Supporting Service; the Gold Award for Financial Support and Innovation from Relocate Magazine, Commendations in the 2016 and 2017 Moneyfacts Awards and has 5 out 5 Star Customer Gold Merchant Status via independent review website, Feefo.com, winning their Gold Trusted Service award.