PPRuNe Forums - View Single Post - Airlines must be majority EU owned
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Old 4th Feb 2019, 15:01
  #19 (permalink)  
Denti
 
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Originally Posted by ATNotts
Thomas Cook are German owned surely, so no problem there, except perhaps with long haul from UK to USA.
Thomas Cook was originally a british company, nothing to do with germany. No idea about the nationality of their shareholders, which is after all the problem. But even so, as a british company, they will not be able to own european airlines like Condor Flugdienst in Germany (which is currently owned by TC), unless they change to become a european one. Which then might mean problems for their UK airline.

That said, TUI used to be a german owned business (originally called Preussag), and still is based in Hannover, Lower Saxony, Germany. Since a quarter of that is owned by a russian Oligarch, they might need to work hard on the rest of their shareholders.
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