Hard Brexit 'will reduce need for airport expansion'

Hard Brexit 'will reduce need for airport expansion'

Airlines’ trade association says number of UK air passengers could be 25m fewer than forecast by Department for Transport

The need for urgent airport expansion by 2030 could be diminished by Brexit, according to a new study suggesting the number of UK air passengers could be around 25 million fewer than forecast by government – or more than the entire annual traffic of Stansted.

Although airports have argued that Britain’s future isolation from the European Union requires rapid investment in airport capacity, the analysis by economists from airline industry body Iata predicts UK air traffic will tail off in the next two years, having experienced four years of rapid growth before the EU referendum.

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Source: Guardian Transport

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