EasyJet still to qualify for the rules and Ryanair to block UK investors from buying shares in case of ‘hard Brexit’
Thursday 14 Mar 2019 Author: Lisa-Marie Janes
E asyJet ( EZJ ) is the only London-listed airline yet to meet shareholding rules to ensure it maintains the right to fly within the European Union after Brexit. Operating licences to fly between locations within the bloc are reserved for airlines owned more than 50% by European Economic Area (EEA) or Swiss nationals. Therefore airlines must be majority owned by this group once Britain leaves the EU in...