Aer Lingus awaits EC all-clear to fly after no deal Brexit

Link to British parent company IAG meant shareholding had to be rejigged to abide by EU rules

8th September, 2019

Aer Lingus’s plan to reorganise its shareholding to allow it to continue flying between member states in the event of a no-deal Brexit has been accepted by the Irish regulator, but is yet to get final sign-off by the European Commission.

Under European Union rules, only companies that are majority-owned by EU shareholders are allowed to operate flights between member states.

Aer Lingus and its sister airlines Iberia and Vueling faced the prospect...

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