Carriers must comply with European Union rules on airline ownership from 1 January and become majority controlled by EU citizens

Ryanair and Wizz Air will strip UK investors of their voting rights from 1 January to comply with European Union rules on airline ownership.

After the Brexit transition period ends, UK and other non-EU shareholders will not be able to vote at annual general meetings, the two airlines said in separate statements.

Continue reading…

You May Also Like

‘Putin wants to kill us totally’: Ukrainians hold firm under bombardment

From Kharkiv to Mykolaiv, the Russian onslaught has been fierce, but residents…

UK aviation’s carbon plan allows rising emissions from planes

Industry says buying carbon offsets means overall emissions will fall compared with…

Uber broke laws, duped police and built secret lobbying operation, leak reveals

More than 124,000 confidential documents leaked to the Guardian Files expose attempts…