British, EU airlines could see flights grounded in no-deal Brexit

By Kitco News / September 24, 2018 / www.kitco.com / Article Link

LONDON (Reuters) - British and European Union airlines will automatically lose the right to fly to each other’s territories if Britain leaves the bloc without a divorce deal, the government warned on Monday, meaning that flights could potentially be grounded.

Flying rights to and from and within the European Union, as well as between the United States and Britain, are currently covered by EU-wide “Open Skies” agreements, but this arrangement is jeopardized by Brexit.

“If the UK leaves the EU in March 2019 with no agreement in place, UK and EU licensed airlines would lose the automatic right to operate air services between the UK and the EU without seeking advance permission,” the government said.

Reporting By Andrew MacAskill, editing by Sarah Young

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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