Let's see....
American company sticks it's financial neck out to set up an air cargo business.
American company puts together the financing of very expensive equipment to enable it to go out and find business for it's very expensive business venture.
American company 'N' registers the equipment because the fickle industry can't decide where this specialized business needs to be based.
American company finds work for costly equipment and ends up basing it in the EU (better know as Fantasy Land) to make it convenient for it's customers.
...snivelling EU pilots reckon they have an exclusive RIGHT to crew the operation based upon American companies choice of basing?
Are you f***in' nuts???