By Euro Weekly News Media • 22 March 2017 • 15:27
EU CHIEFS have warned UK-based airlines that they will need to relocate their headquarters if they want to maintain continental European routes in the wake of Brexit.
Executives at major carriers have been reminded they would also need to sell off shares to European nationals in order to operate flights across the continent – for example, Malaga to Berlin – according to a report in The Guardian.
Decisions to move bases to the EU would lead to thousands of lost jobs in the UK.
Should negotiators fail to reach an agreement, poentially along the lines of the ‘open-skies’ deal granted to EU members, the UK could impose its own ownership rules, which would prevent airlines such as Ireland-based Ryanair from flying UK domestic routes.
A Ryanair spokesman said the company would “adapt” to changes but the airline’s chief executive officer, Michael O’Leary, has warned of the dangers of a “cliff-edge” Brexit, and criticised the “mildly lunatic optimism” of the British government.
EasyJet is reported to be in the process of establishing an EU operating company in order to obtain an EU air operating certificate.
The company insists it will continue to be headquartered in the UK.
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Was it not fascist leadership that many European countries have in recent history managed to get away from! We actually have people saying that leaving this “fascist run” union is a big mistake, what planet do those people come from! It wasn’t that long ago when even in Spain a foreigner could not own 100% of a company and had to include a Spaniard in the directorship… here we are having gone full circle after all those countries and their peoples did to get rid of those backward systems as the EU says we companies that operate in the EU need to be based there!
EU leaders do not learn, it is this so called attempt at protectionism that held fascist countries back for decades, in fact a fascist attitude from politicians on many things still does damage, even the backward attitude on protectionism today here in Spain holds the country back, from taxi drivers to employing people and the unions… yet those who think they are the political elite in many places still do or try to inflict fascist attitudes, bully and threaten to try and show power and strength while all they show is the arrogant fools that they actually are! 🙂 Junker and the rest of you despot junkies, this is not the way forward for the EU, the sooner the UK is gone from this backward union run by arrogant leaders, the better for the UK and it would be for the better for other member countries to get out as well. 🙂
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