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EasyJet ‘close to achieving majority EEA ownership’ ahead of Brexit

Air
James Chapple
20 November 2018

EasyJet says it is “close to achieving majority EEA ownership” and is aiming to home more than 50% of its shares outside the UK before Brexit.

What is the history of easyJet Holidays?

The budget carrier revealed in its full year results on Tuesday (November 20) 47% of its equity capital has already been transferred out of the UK.


In recent years, the airline has diversified its operations into Switzerland and Austria, where easyJet Europe is now headquartered.


EU law dictates airlines must be majority owned in an EU member state or qualifying nation, and easyJet has has moved to achieve this ahead of Brexit, whatever the outcome.