Heathrow airport stockpiling goods to prepare for no-deal Brexit
London airport storing EU goods needed to process passengers, such as rubber gloves
The airport is stockpiling goods from the EU needed to process passengers, including rubber gloves and cotton swabs. Photogrpah: Steve Parsons/PA Wire
London’s Heathrow airport has begun stockpiling imported items to guard against the impact of a no-deal Brexit – including rubber gloves and swabs used for scanning passengers and luggage at security controls, as well as Dutch parts for its baggage carousels.
Like other UK businesses, the country’s busiest air hub has started storing up European Union-sourced goods to ensure that it can carry on functioning should Britain crash out of the bloc without an agreed settlement on March 29th, Chief Executive Officer John Holland-Kaye said in an interview Friday.
At the same time, a no-deal split could bring a windfall in air-freight movements as some products that currently travel in and out of the UK by truck are shipped by plane by companies anxious to avoid supply-chain disruptions, Mr Holland-Kaye said, though that’s not visible yet.
Day-to-day operations at the airport should carry on functioning as normal given agreements in place between the UK and EU to maintain flights even in a hard Brexit, the CEO said.
“The reason I’m confident is that a lot of the things that we were worried about six months ago, like if planes would be able to fly, there have been agreements on both sides that that will happen even in the worst-case scenario,” he said.
Mr Holland-Kaye said a “real pragmatism” is emerging as people come to terms with the real possibility of leaving without a deal, he said. – Bloomberg