Originally Posted by
SWBKCB
As the whole point of Wizz UK was to keep a presence in the UK post Brexit, must have a majority UK ownership to get an AOC?
The UK makes no specification on the ownership percentages for UK AOCs. Other countries do, as does the EU. The big Brexit rub is that to operate inside the UK and between the UK and many 3rd countries you need a UK AOC. Some of those 3rd countries also have ownership requirements for UK AOCs. The US is a good example. However for UK AOCs that existed and operated to the US back in Nov 2018 (or will it have been Jan 2020) they can continue to operate between the UK and USA provided they are either majority UK or UK & EU owned and the largest single shareholder, if they are not UK or EU owns <25%.