Friday, 15 Nov 2024

UK and US agree post-Brexit flights deal – this is what it means for you

The UK and US have agreed a deal for post-Brexit flights, the Transport Secretary has announced.

The new arrangement ensures airlines flying from the UK to the US will continue to enjoy the same access they currently have, the Department for Transport (DfT) said.

Flights between the countries operate under the US-EU "open skies" treaty.

The deal with the US is one of nine bilateral air services arrangements secured by the UK.

The others are with Albania, Georgia, Iceland, Israel, Kosovo, Montenegro, Morocco and Switzerland.

Discussions with Canada are at "an advanced stage", according to the DfT.

Transport Secretary Chris Grayling said transatlantic flights have helped bring the UK and US "even closer together, strengthening our ties and boosting our economies".

He went on: "This new arrangement and those concluded with eight other countries around the world are proof that the UK will continue to be a major player on the world stage after we leave the EU."

Under the deal, EU majority-owned airlines that are currently operating between the UK and US will be able to continue to fly existing routes as long as they remain owned and controlled by EU/EEA nationals or UK nationals.

But any airline wanting to establish a route between the UK and US in the future that is not owned and controlled by UK nationals will need to seek a waiver from the US government.

British Airways’ parent company IAG is registered in Spain and has shareholders from around the world.

Sir Richard Branson is in the process of reducing his stake in Virgin Atlantic to 20% by selling 31% of the business to Air France-KLM.

IAG chief executive of British Airways’ parent company IAG, described the aviation agreement with the US as "a significant positive development which we welcome".

He said it "facilitates strong competition and is clearly pro-consumer".

Aviation consultant John Strickland told the Press Association: "It’s positive news for UK airlines operating to the US market that this agreement has been reached.

"It appears that enough flexibility has been negotiated to allow for different scenarios of either UK or EU majority ownership, a point of importance for IAG, and for Virgin, which is in the process of becoming non-UK majority owned as Air France takes a stake."

Theresa May’s Brexit agreement with Brussels states that the UK and EU have agreed to negotiate a "comprehensive air transport agreement" for UK-EU flights.

Read More

Latest Brexit news

  • Confirmed: Brexit will make UK worse off
  • Tories refuse to release legal advice
  • Corbyn ambushes May over Brexit
  • Trump bulldozes May’s Brexit deal hopes
  • Timetable – dates and what happens next
  • Summary of the deal and sticking points
  • Will Theresa May win the Commons vote?
  • What will No Deal really mean?

Source: Read Full Article

Related Posts