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At 11pm on December 31, 2020 the Brexit implementation period ended and the last-minute trade deal agreed by UK and EU negotiators took effect through the EU-UK Trade and Cooperation Agreement (TCA).

Under the EU-UK Trade and Cooperation Agreement (the TCA), the EU and the UK have reached an agreement on their future relationship.

Aviation is one of the sectors most vulnerable to the impact of the UK leaving the EU as air transport services (including air traffic rights) are excluded from the WTO General Agreement on Trade in Services, meaning that there is no fallback arrangement in the absence of agreement between the parties.

The United Kingdom and Australia are seeking to establish a new trading relationship underpinned by a comprehensive free trade agreement.

The EU has formally accepted the UK's request for an extension to Article 50 to delay the UK’s departure from the EU until 31 January 2020.

On 8 October 2019, the UK Government published its ‘No-Deal Readiness Report’ in preparation of the potential likelihood of the UK’s withdrawal from the EU without a deal.