Skip to content
Search AI Powered

Latest Stories

ADS Asks European Commission to Allow UK, EU Aviation Regulators to Start Brexit Planning

Britain’s premier aerospace trade organisation, ADS has written to the European Commission (EC) for the second time in four months to request it once again to permit the British and European airline controllers to start technical planning for scheduled Brexit next year.

This is the ADS request to the EC for technical discussions to take place between the Civil Aviation Authority (CAA) and European Aviation Safety Agency (EASA) to prepare for Brexit.


ADS made its first request in June jointly with General Aviation Manufacturers Association (GAMA), however, the EC rejected the request. “It is understood that the UK government has also made requests for these technical discussions to take place, but that the EC has so far blocked this preparatory step,” ADS said in a statement on Tuesday (11).

Technical discussions between the CAA and EASA are needed to make sure there is adequate preparation that will avert significant disruption to European and global aerospace and aviation once the UK leaves the EU. This preparation is needed for either potential scenario – that a withdrawal agreement is ratified for the UK’s exit from the EU, or that no deal is agreed before withdrawal, ADS said.

The EC stated on July 19 that “preparing for the UK becoming a third country is of paramount importance” and that all parties must step up preparations. On June 29 the European Council renewed its call for EU member states, EU institutions and all stakeholders to step up their work on preparedness at all levels and for all outcomes. The EC rejection of technical discussions between the CAA and EASA is inconsistent with these calls for preparedness.

Britain earlier expressed its desire to remain as part of EASA after its exit from European Union in 2019, but it is not yet clear whether it is possible or not.

The aviation sector is expected to be most severely impacted by Britain’s exit from European Union as there is no option for the industry in the absence of a deal on future relations after Brexit.

More For You

FCA warns against regulatory 'race to bottom' in growth push
Nikhil Rathi
TOLGA AKMEN

FCA warns against regulatory 'race to bottom' in growth push

FINANCIAL REGULATOR has cautioned against compromising regulatory standards while attempting to boost economic growth, revealing the delicate balancing act facing Britain's financial oversight.

In a frank discussion with MPs, the Financial Conduct Authority (FCA) leadership highlighted the challenges of their expanded mandate to promote business competitiveness alongside consumer protection, reported the Times.

Keep ReadingShow less
Sanjay Bhandari's extradition appeal opens in London
Sanjay Bhandari

Sanjay Bhandari's extradition appeal opens in London

SANJAY BHANDARI, a consultant in the defence sector wanted in India on alleged tax evasion and money-laundering charges, began an appeal in the High Court in London against his extradition order.

The 62-year-old businessman had won permission to appeal against a November 2022 Westminster Magistrates’ Court ruling clearing his extradition earlier this year.

Keep ReadingShow less
Rupert Murdoch looks on as he walks on the day of the hearing on the contentious matter of succession of Rupert Murdoch's global television and publishing empire, in Reno, Nevada, US, September 23, 2024. (Photo: Reuters)
Rupert Murdoch looks on as he walks on the day of the hearing on the contentious matter of succession of Rupert Murdoch's global television and publishing empire, in Reno, Nevada, US, September 23, 2024. (Photo: Reuters)

Murdoch's bid to secure eldest son's control of media empire fails

RUPERT MURDOCH’s attempt to secure control of his media empire for his eldest son, Lachlan, has reportedly failed, according to a US news report on Monday.

The Murdoch family, which oversees influential outlets like Fox News, The Wall Street Journal, and various British and Australian media organisations, has often been compared to the fictional dynasty in the TV series Succession. Like the show, real-life disputes within the Murdoch family have centred on control of the business after Rupert Murdoch’s death.

Keep ReadingShow less
Kamlesh Pattni faces UK sanctions for illicit gold trade
Pattni stands accused of central involvement in the infamous Goldenberg scandal. (Representational image: iStock)

Kamlesh Pattni faces UK sanctions for illicit gold trade

THE UK and US have imposed financial sanctions on Kamlesh Pattni, a British-Kenyan businessman with a controversial financial history. The punitive measures target Pattni and four of his close family members, including his wife and brother-in-law, reported the BBC.

The sanctions, announced by the UK Foreign, Commonwealth and Development Office, will result in the immediate freezing of assets, representing a significant intervention in what officials describe as a complex network of illicit gold trading spanning multiple African nations.

Keep ReadingShow less
Sanjay Malhotra speaks during the 67th Foundation Day of the Directorate of Revenue Intelligence (DRI) in New Delhi on December 4, 2024. (Photo: Getty Images)
Sanjay Malhotra speaks during the 67th Foundation Day of the Directorate of Revenue Intelligence (DRI) in New Delhi on December 4, 2024. (Photo: Getty Images)

India appoints Sanjay Malhotra as new central bank governor

INDIA has appointed Sanjay Malhotra, a senior finance ministry bureaucrat, as the new governor of its central bank, the Reserve Bank of India (RBI).

The announcement was made on Monday, a day before the term of outgoing governor Shaktikanta Das was set to expire.

Keep ReadingShow less