To read the full version of this content please select one of the options below:

China-EU mutual aviation market access will improve

Thursday, July 11, 2019

Subject

Civil aviation cooperation between China and the EU.

Significance

China and the EU have signed two aviation deals that are expected to bring 3.5 billion euros (4 billion dollars) in economic benefits and up to 11,000 new jobs between now and 2025.

Impacts

  • The number of flights between the EU and China will rise, driving down airfares.
  • Direct routes will probably increase, saving time for travellers.
  • US suppliers of aviation products may now face greater pressure from Europe in the China market.
  • The post-Brexit United Kingdom will have to negotiate its own agreement with China, which could take years.
Expert Briefings Powered by Oxford Analytica
Stay up to date
Sign up to the Expert Daily Briefings email alert and receive up-to-the-minute analysis of global events as they happen.
*If your university does not have access to Expert Briefings, visit our information page to find out more.