Global Economic and Political Factors Trade Policies and Tariffs: Fluctuations in trade policies and tariffs between major economic powers such as the US and China impact supply chains and market access. Brexit and European Market Changes: The UK's exit from the EU, commonly known as Brexit, has significant implications for European market dynamics. It has led to changes in trade relationships, regulatory standards, and economic policies between the UK and EU member states. The departure has introduced new tariffs and customs checks, affecting supply chains and increasing costs for businesses. Additionally, financial services and labor mobility have been impacted, with companies needing to adapt to new legal and operational frameworks. Overall, Brexit has created both challenges and opportunities, reshaping the economic landscape in Europe. Disruption and Recovery: The pandemic significantly disrupted the aviation sector, prompting a reevaluation of business models and cost structures. summarise the para