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British Airways, Air Lingus & Iberia . . .

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By *ara J OP   TV/TS  over a year ago

Bristol East

are all owned by International Airlines Group.

Most of its shareholding is British.

Under the EU open skies policy, only airlines at least 50 per cent owned by shares held in the EU can operate in the single market for aviation.

One possibility is the group will need to be broken up. That, or a major buy-out of the non-EU shares. Another is to relocate to Madrid.

Its an interesting twist on the aviation thread.

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By *ostafunMan  over a year ago

near ipswich


"are all owned by International Airlines Group.

Most of its shareholding is British.

Under the EU open skies policy, only airlines at least 50 per cent owned by shares held in the EU can operate in the single market for aviation.

One possibility is the group will need to be broken up. That, or a major buy-out of the non-EU shares. Another is to relocate to Madrid.

Its an interesting twist on the aviation thread."

yeah that will be a turn up an ex spanish airline not being able to fly between spanish citys

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By *ostafunMan  over a year ago

near ipswich

Thinking about it further the main hub of iberian airways is madrid seems they are going to be fucked for a bit until they can break away if what the eu are saying about airlines is true.Can see alot of spanish being put out of a job which is not good.

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By *ara J OP   TV/TS  over a year ago

Bristol East

Publicly, all they are saying is they are in talks with the Government of Spain.

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By *ara J OP   TV/TS  over a year ago

Bristol East

Aer Lingus flights from Dublin to anywhere in the EU would also become illegal.

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By *ostafunMan  over a year ago

near ipswich

well i hope so have alot of spanish friends and the country doesnt need anymore unemployment.

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By *illwill69uMan  over a year ago

moston

So keeping open the airports is not quite so done and dusted then, guess this is another of those easiest of things that will take a few fights over the summer to sort out...

DOH, the summer is 6 months away brexit less than 100 days...

Just saying...

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By *mmabluTV/TS  over a year ago

upton wirral


"are all owned by International Airlines Group.

Most of its shareholding is British.

Under the EU open skies policy, only airlines at least 50 per cent owned by shares held in the EU can operate in the single market for aviation.

One possibility is the group will need to be broken up. That, or a major buy-out of the non-EU shares. Another is to relocate to Madrid.

Its an interesting twist on the aviation thread."

Not really your looking for problems that will not be a problem

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By (user no longer on site)  over a year ago

I really don’t think they would want to stop thousands of tourists flying to thier countries spending lots of money there.

As for the permit they are talking about that works both ways.

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By (user no longer on site)  over a year ago

No need to worry. Article 50 will get revoked.

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By (user no longer on site)  over a year ago


"No need to worry. Article 50 will get revoked."

I would like to think so but don’t see it happening

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By *ara J OP   TV/TS  over a year ago

Bristol East


"are all owned by International Airlines Group.

Most of its shareholding is British.

Under the EU open skies policy, only airlines at least 50 per cent owned by shares held in the EU can operate in the single market for aviation.

One possibility is the group will need to be broken up. That, or a major buy-out of the non-EU shares. Another is to relocate to Madrid.

Its an interesting twist on the aviation thread.Not really your looking for problems that will not be a problem"

Google it and come back and tell me it is no problem.

Even better if you can think of a solution.

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By *ara J OP   TV/TS  over a year ago

Bristol East

And to clear up confusion, this is not about flights between the UK and the EU.

It is the rule of the aviation single market that airlines operating between two EU destinations must be at least 50 per cent owned by EU investors.

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By *inxnmasterCouple  over a year ago

naughty valley


"And to clear up confusion, this is not about flights between the UK and the EU.

It is the rule of the aviation single market that airlines operating between two EU destinations must be at least 50 per cent owned by EU investors.

"

if it’s investors what drives it , then i am not too worried as many EU mutual funds and pension funds which are into blue chips are invested and could easily add up to 50% and more, for that one should look up the shareholder book.

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By *ostafunMan  over a year ago

near ipswich

im sure it will be sorted cant see spain putting up with their national airline not being allowed to operate in their own country.

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By *oi_LucyCouple  over a year ago

Barbados


"im sure it will be sorted cant see spain putting up with their national airline not being allowed to operate in their own country."

You mean, like a deal or something?

-Matt

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By *mmabluTV/TS  over a year ago

upton wirral


"are all owned by International Airlines Group.

Most of its shareholding is British.

Under the EU open skies policy, only airlines at least 50 per cent owned by shares held in the EU can operate in the single market for aviation.

One possibility is the group will need to be broken up. That, or a major buy-out of the non-EU shares. Another is to relocate to Madrid.

Its an interesting twist on the aviation thread.Not really your looking for problems that will not be a problem

Google it and come back and tell me it is no problem.

Even better if you can think of a solution."

There is no problem honest you will see.Look at reality and not google garbage and think it through,you have a good brain use it

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By *ostafunMan  over a year ago

near ipswich


"are all owned by International Airlines Group.

Most of its shareholding is British.

Under the EU open skies policy, only airlines at least 50 per cent owned by shares held in the EU can operate in the single market for aviation.

One possibility is the group will need to be broken up. That, or a major buy-out of the non-EU shares. Another is to relocate to Madrid.

Its an interesting twist on the aviation thread.Not really your looking for problems that will not be a problem

Google it and come back and tell me it is no problem.

Even better if you can think of a solution.There is no problem honest you will see.Look at reality and not google garbage and think it through,you have a good brain use it"

i never for one moment believed there would be.Its others you need to convince.

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