Britain's Bizav Community Faces Uncertainty Over EU Exit | Aviation International News

Charter & Fractional

Britain's Bizav Community Faces Uncertainty Over EU Exit

UK-based charter operators face the prospect of losing the cabotage rights that allow them to fly within European Union states.

It remains to be seen whether the UK's pending exit from the European Union will result in British charter companies seeking to establish operations in other EU states to maintain cabotage rights.

By Charles Alcock • Managing Editor

June 28, 2016

Britain’s business aviation industry is bracing for negative fallout from last week’s so-called Brexit vote to leave the European Union (EU). With the exact timeline and terms for the country’s exit still highly uncertain, the first concern among aircraft charter operators seemed to be an immediate decline in demand caused mainly by extreme instability in the financial markets, which have always been a significant part of their customer base.

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