The possibility of a no deal Brexit is “less concerning” to the UK’s biggest airport, Heathrow, according to Chief Executive Officer, John Holland-Kaye. As the port for high value imports into the UK, Heathrow could be seriously affected if a trade deal is not agreed with the EU by the deadline. However, Mr Holland-Kaye insisted the airport is not “dependent” on the European Union‘s trade.
He told Times Radio: “I’m becoming less concerned about that.
“We have a good plan in place that we developed over the last few years as to how we would adapt to a no deal situation.
“We are very resilient and I think we will come through this well.
“One of the advantages we have as the UK’s biggest port is that we are trading all over the world.”
Mr Holland-Kay continued: “So we’re not just dependent on the European Union trade.
“A lot of that traffic actually goes by vehicles, through Euro tunnel.
“Our trade is primarily global, international, high value, short shelf life, short supply chain, just-in-time delivery.
“That will be less affected by the kind of deal that we do with the EU.”
However, Mr Holland-Kaye warned that there are up 25,000 jobs at risk from the impact of the coronavirus pandemic.
He told Times Radio: “We are, by a long way, the biggest employer in the local area.
“One of the great things about a hub airport is that we are an economic engine for growth.”
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The Chief Executive added: “We are doing our best to avoid redundancies, though we have had to make some cutbacks.
“First, we want to minimise the impact on our local communities because we’re such an important part of their economies.
“But secondly we are also the beating heart of the UK economy.
“Passenger planes from Heathrow are the arteries through which vital trade travels.
“If we’re going to come back strongly as an economy, we need to have our beating heart as healthy as possible.”