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British Airlines be Expected Remain Fly in Europe Region

British Airlines be Expected Remain Fly in Europe, pic: Boeing 787-9 Dreamliner

British Airlines be Expected Remain Fly in Europe. British airlines may be forced to move their headquarters and sell shares to EU citizens if they wish to continue flight routes within continental Europe.

Michael O'Leary warned that flights between the UK and Europe could be significantly affected if the government chooses a tough divorce, which appears to be the most likely course based on recent revelations.

The executives of easyJet along with British Airways owner IAG, Ryanair and Tui Group met with EU Brexit last week and were reminded that to continue operating on routes across the continent must have a significant base in the territory of the EU and that a majority of its capital stock must be owned by the EU, which could lead to a significant loss of jobs in the UK.

The ability of companies such as easyJet to operate on routes across the EU has been an important part of their business models, and many have already threatened to focus future growth on Europe if the current aviation agreement can not be maintained.

Thomas van der Wijngaart, an aviation expert at Clyde & Co, told that there could be significant economic consequences for the United Kingdom with airlines changing their financial and operating structures and building a stronger presence on the continent.

"It may be that companies choose to have domestic or regional along European flights operated by their new European operating license, which would probably mean a reduction in staff in the UK," he warned.
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