EasyJet says changes make it Brexit-proof

Europe's EasyJet's shareholders have voted to amend the budget airline’s legal structure to ensure it can fly in both Britain and the EU post-Brexit.
“Structurally we now have everything in place to protect all of our flying rights both in Europe and the UK,” an easyJet spokesman said.
 
Changes to its articles of association ensure the airline remains EU-owned and controlled after Brexit, while Britain’s air regulator has been asked to grant it a standalone British air operator’s certificate (AOC) to cover its Britain-based aircraft.
 
The airline also intends to increase its EU shareholder base to total more than 50 per cent prior to Brexit to ensure its future EU-ownership base. Almost 50 per cent of easyJet’s shares already are held by non-UK EU investors.

 

EasyJet says changes make it Brexit-proof

Europe's EasyJet's shareholders have voted to amend the budget airline’s legal structure to ensure it can fly in both Britain and the EU post-Brexit.
“Structurally we now have everything in place to protect all of our flying rights both in Europe and the UK,” an easyJet spokesman said.
 
Changes to its articles of association ensure the airline remains EU-owned and controlled after Brexit, while Britain’s air regulator has been asked to grant it a standalone British air operator’s certificate (AOC) to cover its Britain-based aircraft.
 
The airline also intends to increase its EU shareholder base to total more than 50 per cent prior to Brexit to ensure its future EU-ownership base. Almost 50 per cent of easyJet’s shares already are held by non-UK EU investors.