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UK-based airlines told to move to Europe after Brexit or lose major routes

From theguardian.com

EU chiefs have warned airlines including easyJet, Ryanair and British Airways that they will need to relocate headquarters and sell off shares to European nationals if they want to continue flying routes within continental Europe after Brexit. Executives at major carriers have been reminded during recent private meetings with officials that to continue to operate on routes across the continent – for instance from Milan to Paris – they must have a significant base on EU territory and that a majority of their capital shares must be EU-owned. The development, just days from the triggering of article 50, potentially ... (full story)

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