The Shareholder Puzzle Facing Airlines After Brexit

The Shareholder Puzzle Facing Airlines After Brexit
British Airways planes are grounded at Heathrow Airport. Leon Neal/AFP/Getty Images
Reuters
Updated:

LONDON—Airlines that will no longer be majority owned by EU nationals once Britain leaves the European Union face the threat of losing their right to fly within the bloc after Brexit due to share ownership rules.

While they will still be able to fly to and from the EU, operating licenses to fly between destinations within the bloc are reserved for airlines that are majority owned and effectively controlled by EU, EEA or Swiss nationals.