Brexit Could Put The British Aviation Industry In A Stalemate

Brexit could put the British aviation industry in a stalemate. Issues that are not understood after Brexit can harm the industry.

British aviation industry trade lobby ADS warned that Britain could lose its activities to the EU, as agreement could not be reached on some post-Brexit issues. About 4 months after the trade agreement, ADS announced that companies are struggling for the approval of British-designed aircraft parts. ADS Manager Jonathan Hawkings pointed out that activities are at risk of slipping into the EU unless British companies get approval. While some companies, including Airbus and Rolls-Royce Holdings Plc, move some of their activities to Europe, some companies stay away from taking a step in this direction without seeing which direction the relations will go in the long term. It is said that technical talks about applications in the space and aviation industry are ongoing.     This article has contributions of Bloomberg HT.