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Airlines group IAG has regulatory approvals for no-deal Brexit

Tue, 8th Sep 2020 11:21

LONDON, Sept 8 (Reuters) - Airlines group IAG said
on Tuesday it had obtained the necessary approvals to continue
flying if no free-trade deal is agreed between Britain and the
European Union.

"In compliance with the European Union connectivity
regulation last year our airlines submitted their plans on
ownership and control to the respective national regulators in
Spain and Ireland," Chairman Antonio Vazquez told the group's
AGM in Madrid, which was live streamed.

"We're delighted to announce that regulators confirmed that
these plans in case of a hard Brexit do comply with European
Union connectivity regulations."

(Reporting by Paul Sandle and Laurence Frost, editing by Louise
Heavens)

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