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Brexit: easyJet says no decision on HQ

Friday, July 01, 2016 - 01:29

EasyJet says it will not decide whether to relocate its legal headquarters until Britain's new relationship with the European Union is clear. As Grace Pascoe reports, this follows a report which said its CEO had signalled a move from the UK was almost inevitable.

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Airliner easyJet hoped for a Remain decision in Britain's referendum on EU membership. As CEO Carolyn McCall made clear in a Reuters interview last November. (SOUNDBITE) (English) CHIEF EXECUTIVE OFFICER, EASYJET, CAROLYN MCCALL, SAYING: "We have succeeded because of single European sky and how easy it is now to travel across the 27 member states." Without one they may decide to move their headquarters away from the UK That's according to one media report claiming McCall thinks the HQ move is almost inevitable. And that talks have opened with EU member states' aviation regulators already. An easyJet spokesman said any decision won't be made until Britain's new relationship with the EU is clear. (SOUNDBITE) (English) CHIEF EXECUTIVE OFFICER, EASYJET, CAROLYN MCCALL, SAYING: "From an easyJet perspective it is very helpful to us to remain in Europe. And what it really is is it is helpful to passengers because as a result they get these low fares. Fares are now 40 percent lower than they were before deregulation." easyJet has already sped up talks on setting up an air operating certificate in a different EU country. To enable it to continue flying across Europe. Brexit isn't the airlines only worry, French air traffic controllers, severe weather and congestion caused a profit warning this week Shares have fallen 17 percent since

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Brexit: easyJet says no decision on HQ

Friday, July 01, 2016 - 01:29