EasyJet calls itself ‘very well prepared’ for Brexit
EasyJet remains upbeat on the effect of Brexit despite the ongoing lack of clarity on the terms of the country’s exit from the EU in less than 70 days. In a call with analysts, EasyJet executives characterised the airline as “very well prepared” for Brexit and likely “better prepared than anyone else that is out there,” according to EasyJet CE Johan Lundgren. The airline, which has registered 130 aircraft on its Austrian AOC, pledged it has made “good progress” in ensuring access to a spare parts pool in the EU27 and in transferring crew licenses, both of which it expects to complete by March 29. To comply with EU rules, EasyJet has increased its EU/European Economic Area shareholdings (excluding the UK) to around 49%. That brings it close to the 50.1% threshold it needs for recognition by the EU. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2019-01-23/unaligned/easyjet-calls-itself-2018very-well-prepared2019-for-brexit
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EasyJet calls itself ‘very well prepared’ for Brexit
EasyJet remains upbeat on the effect of Brexit despite the ongoing lack of clarity on the terms of the country’s exit from the EU in less than 70 days. In a call with analysts, EasyJet executives characterised the airline as “very well prepared” for Brexit and likely “better prepared than anyone else that is out there,” according to EasyJet CE Johan Lundgren. The airline, which has registered 130 aircraft on its Austrian AOC, pledged it has made “good progress” in ensuring access to a spare parts pool in the EU27 and in transferring crew licenses, both of which it expects to complete by March 29. To comply with EU rules, EasyJet has increased its EU/European Economic Area shareholdings (excluding the UK) to around 49%. That brings it close to the 50.1% threshold it needs for recognition by the EU. <br/>
