FLIGHTS between the UK and the EU could cease if a Brexit deal is not agreed according to Philip Hammond.
Speaking to the Treasury Committee, the Chancellor of the Exchequer said: “It’s conceivable there will be no air traffic moving between the EU and the UK on 29 March, 2019.”
Whilst he conceded that such an outcome was unlikely, Hammond confirmed that the British Government was planning for all outcomes on the EU talks.
He cited the need to assess what a realistic worst-case scenario would be for Britain but added that the Treasury has no intention of publishing any plans at present and that it is too early to put a figure on investments required.
The Chancellor believes that mutual self-interest will result in a strong desire on both sides to reach an air traffic agreement.
Ryanair boss Michael O´Leary has made similar predictions regarding UK-EU flights coming to a halt, stating that routes to Europe would be cancelled for months after Brexit unless agreements are made prior to its EU departure. He said:
“There is a real prospect, and we need to deal with this, that there are going to be no flights between the UK and Europe for a period of weeks, months beyond March 2019.
“There is not going to be an interim agreement, there is not going to be a legal basis, we will be cancelling flights, we will be cancelling people’s holidays for summer of 2019.”