Easyjet formally starts AOC process with European country

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By admin July 1, 2016 09:24

Easyjet formally starts AOC process with European country

A statement today reads: “easyJet is lobbying the UK government and the EU to ensure the continuation of a fully liberal and deregulated aviation market within the UK and Europe. This would mean that easyJet and all European airlines can continue to operate as they do today.

“As part of easyJet’s contingency planning before the referendum we had informal discussions with a number of European aviation regulators about the establishment of an AOC [air operator certificate] in an European country to enable easyJet to fly across Europe as we do today.

“easyJet has now started a formal process to acquire an AOC.”
Although easyjet also confirmed it will not move from Luton in the UK, it is likely that a new base is on the way at speed and when announced this will cause the share price to rebound further – easyjet shares remain very cheap indeed.

admin
By admin July 1, 2016 09:24