UK airports information

Could Brexit See easyJet Set Up New Airline?

It is rumoured, and reported in the Daily Mail, that easyJet are looking to buy a budget airline so that it can continue to fly in Europe after the UK leaves the EU.

As a result of the Brexit vote the airline needs to find a way to fly freely across the EU, as British carriers won’t have the privilege of the current Single European Sky system.

According to an employee representative at German owned TUIfly, it is this German carrier easyJet are interested in. TUIfly currently has 41 aircraft. However, 14 of these are owned by Air Berlin, yet this airline is reportedly making a loss. Could this be the branch of the carrier easyJet look to buy?

Whilst no official comment has been made, Carolyn McCall, easyJet’s Chief Executive, she did recently speak to the BBC saying, “Easyjet is in the process of setting up a separate airline based on the European mainland, in readiness for when the UK leaves the EU. Current EU flying rights might have to be renegotiated and the new company would ensure Easyjet could operate within the EU.”