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French and Germany pressure may force IAG to spin off British Airways
British Airways’ (BA) parent company IAG could be forced to spin off BA as Germany and France might push to reinstate EU ownership rules. According to HSBC analysts, IAG – who owns the likes of Aer Lingus, Iberia and Vueling – might be forced to make BA a truly independent company as regulations require airlines that operate within the bloc to be “owned and controlled” by EU companies, the Telegraph reported. (www.cityam.com) 更多...Sort type: [Top] [Newest]
Those commenting taboutat various non-EU airlines flying into the EU are missing the point, which about flying *within* the EU. eg Vueling flying from BCN to AMS. And of course it's about commercial advantage for LH, KLM-AF. But equally obviously, all countries use every trick they can to protect or promote their carriers, so moaning about it is just hypocritical.
1) How is operating flights between the UK and the EU bloc considered “operating within the bloc”?
2) This move seems to merely be a try at gaining advantage for Air France/KLM and Lufthansa at the expense of BA.
2) This move seems to merely be a try at gaining advantage for Air France/KLM and Lufthansa at the expense of BA.
I think you all missed the point. IAG owns several EU airlines (Iberia, Aer Lingus, etc) as well as a non-EU airline (BA). Because BA is the biggest proportion of the group, and because of the way the IAG group has made acquisitions, it turns out that quite a lot of the IAG shareholders are Brits. So, IAG struggles to claim that it is truly an EU operator. Aer Lingus, Iberia and so on want to operate "within the bloc", for which they need to be "EU" airlines. It is nothing to do with BA flights, but the solution could be achieved by spinning out BA as a separate entity, since the remaining group could then wrap itself in an EU flag.
American, United and Delta all operate in the EU. None have their headquarters in the EU. Either there is another provision of EU law that was not mentioned or HSBC is simply wrong. Note that France and Germany have tried to make Brexit as painful as possible for the UK in order to deter other member states from leaving. In any case, there is more to the matter than this report suggests.
The British people voted to leave Eu.
Some did
The intelligent ones did vote to leave
Endless studies have shown that the remain voters tended to be graduates, while leave voters tended to be non-graduates. Apart from that, the standard response of leavers in dismissing expert opinions tells us all we need to know about intelligence.
No, quite the opposite: it was the ignorant ones, susceptible to all the hyperbole around immigration, for example, who voted to leave, not the intelligent ones.