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PRESS: EasyJet May Set Up New European Business In Case Of Brexit

Mon, 13th Jun 2016 07:02

LONDON (Alliance News) - British budget airline easyJet may set up a separate European business if the UK votes to leave the European Union in next week's referendum, The Telegraph reported Saturday.

EasyJet has considered a contingency plan in the event of a Brexit, considering options including obtaining an air operators certificate in an EU country, which would require it to establish a local holding company, the newspaper said.

The report also said that easyJet has also examined making better use of its Swiss air operators certificate and easyJet Switzerland subsidiary if Britain votes to leave.

http://www.telegraph.co.uk/business/2016/06/11/easyjet-eyes-new-european-operation-if-britain-flies-solo/

By Hana Stewart-Smith; hanassmith@alliancenews.com; @HanaSSAllNews

Copyright 2016 Alliance News Limited. All Rights Reserved.

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