FlyerTalk Forums - View Single Post - Brexit: IAG may have to buy out British shareholders
Old Nov 24, 2017, 6:48 am
  #10  
NickB
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Join Date: Feb 2000
Location: London, UK and Southern France
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Originally Posted by Calchas
The UK maintains bilateral air service agreements with most countries.
Yes, but many of these need amending post-Brexit re ownership and nationality clauses, which have been "europeanised" in the last decade following the CJEU Open Skies agreement.
There is also the problem of traffic rights between the UK and the 27, since all the ancient bilaterals signed prior to accession to the EU are dead.
The question remains what happens to EU-negotiated agreements such as those with the US and whether the UK needs to renegotiate these individually prior to Brexit.
THe UK cannot negotiate these prior to Brexit, only lay down the groundwork. These can only be negotiated after Brexit.
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