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Airports

Brexit withdrawal deal is light on detail for aviation

16 November 2018

The draft agreement for the UK withdrawal from the European Union (EU), released on 14 November, would commit the UK to following most of the EU state aid regulations after Brexit. The text also specified procedures for using passports and other travel documents for travel between the EU and the UK.

State aid rules control how subsidies can be paid for major investments, such as airport expansion projects. They also control the extent to which public bodies can fund airport operations.

Acceptance by the UK government (in Article 12) would be combined with a loss of potential project finance from the European Investment Bank (EIB), which the UK would leave as confirmed by the draft deal.

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To contact the author of this article, email Ben.Vogel@ihsmarkit.com


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