Monday, February 11, 2019

IAG caps non-EU ownership but counts UK as EU investor

British Airways and Iberia parent IAG is fixing the maximum permitted ownership by non-European Union entities at 47.5%, but the company is not currently planning to classify UK shareholders as non-EU. Airlines which enjoy the benefits of EU traffic rights must ensure that they are majority EU-owned. The UK currently remains an EU member state […]

source http://www.ncairways.co/aviation/iag-caps-non-eu-ownership-but-counts-uk-as-eu-investor/

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