Virgin Atlantic to challenge IAG dominance at Heathrow

The CEO of Heathrow airport said on Thursday that Europe’s biggest airport could benefit from additional trade if the UK leaves the European Union without a deal. Indeed, John Holland-Kaye told Reuters that if other modes of transport are blocked by additional congestion, London Heathrow trade could be boosted.

“In the short-term, if there are queues at Dover, then there may be more cargo going on short-haul planes from European markets,” he said.

“We don’t want to have a no-deal Brexit, and we don’t see a commercial advantage in a no-deal Brexit, but we are prepared for no deal.”

According to the CEO, the airport has been preparing for a no-deal Brexit for the past four to five months. Preparations include stockpiling items such as mechanical components and rubber gloves that are imported from the EU. Though a no-deal outcome would not be idea for the airport, the airport is able to adapt in the case that the UK’s departure from the European Union comes without a deal.

If the UK fails to come to an agreement with the EU, then it will leave the union next month without a deal.

Across the channel, France announced that it is set to invest roughly £44.3 million in its ports and airports in order to brace itself for a no-deal. The French prime minister said that he “strongly believed” Britain would depart from the European Union without a deal.

He told Reuters that he had decided to “trigger the plan for a no-deal Brexit” because a no-deal scenario is growing likelier.

Elsewhere, UK businesses are bracing themselves for the official departure date – March 29th. Many food retailers have stockpiled goods in the event of a disruption of the imports of goods into the UK. Unilever is one of the latest companies to reveal its Brexit contingency plans, announcing last month that it was stockpiling ice-cream ahead of the departure date.

As the departure date draws closer, the nation has been left in the dark, now more than ever, regarding the country’s political future.