EasyJet may set up separate European business in case of Brexit

EasyJet has explored setting up a separate European business if Britain votes to leave the EU at a June 23 referendum. With less than 2 weeks to go, polls show Britons are still evenly split on how to vote. EasyJet, which supports Britain staying in the bloc, has looked at establishing a holding company in order to get an AOC in an EU country. It has also examined making more use of its Swiss air operator's certificate and its EasyJet Switzerland subsidiary as part of its contingency planning. A spokeswoman for EasyJet said the EU's single aviation area had given airlines freedom to fly across the continent and the airline had contingency plans in place in case of a vote for Brexit. "It is clear that an exit would take several years and that this would allow the UK to renegotiate its relationship with the EU," she said. <br/>