Economy & finance – Brexit airlines disempower shareholders, state joins Tui, Lufthansa confidence

January 12, 2021, 7:00 a.m.

The weekly economic briefing. This time, among other things, with the Brexit-related shift in power at British airlines, the approval for the state partial takeover of Tui and the reserves in the Lufthansa package.

Easyjet and Ryanair planes in Stansted.

© Stansted Airport

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Ryanair, Easyjet and Wizz Air have due to the Brexits their british Shareholders disempoweredin order to retain full rights as an airline in the EU, reports the “The New Zurich Times”. Airlines may not be majority owned by shareholders from third countries.

The withdrawal of voting rights for airlines affected by Brexit shows that the “Ownership and Control” regulations in the EU are no longer up to date comments Jens Koenen in “Handelsblatt”. The regulation prevents the industry from finding sensible investors.

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