EBAA today released a Brexit analysis report that calls for negotiators in Brussels and London to preserve the current aviation relationship. Completed in partnership with Clyde & Co, the report outlines the current relationship between the EU and the UK and presents six scenarios for a future one.

Key topics of interest for the business aviation industry highlighted in the report include traffic rights, ownership and control, VAT/customs duty, and the future relationship with the European Aviation Safety Agency (EASA). The report also analyzes how these topics would fare under a future scenario.

The report concludes that maintaining the existing relationship as far as possible is key to avoiding detrimental effects on the business aviation community. According to the report, this hoped-for outcome could result from the UK joining the European Economic Area, an approach taken by countries such as Norway, Iceland, and Liechtenstein.

“As Brexit moves into its second phase of negotiations, this report is a helpful reminder of the expectations of the European business aviation industry from the Brexit negotiations,” EBAA CEO Brandon Mitchener said. “As a sector that contributes significantly to both the EU and UK economies through the people who power them, it is paramount that these negotiations result in a strong relationship between the EU and the UK.”

Transition guidelines are expected to be signed off in Brussels today at an EU Affairs Ministers meeting. “I hope that negotiators can move quickly to reassure businesses about what a future relationship will entail and what it will mean specifically for the business aviation industry,” Mitchener said.