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Heathrow airport's operator is moving its international HQ from the UK to Amsterdam b

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Old 26th Jun 2018, 12:55
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Heathrow airport's operator is moving its international HQ from the UK to Amsterdam b

https://www.bbc.co.uk/news/business-44614352

Heathrow airport's operator is moving its international HQ from the UK to Amsterdam because of Brexit.

Spanish-owned Ferrovial says it needs to keep within EU legislation after the UK leaves the EU. The company currently runs its US, Canadian, Polish and UK operations, which includes Heathrow, from Oxford.Ferrovial is the largest shareholder in Heathrow with a 25% stake, and in the UK it also owns Aberdeen, Glasgow and Southampton airports. A company spokesperson said: "The reason for the move is to maintain the group's international companies under the umbrella of [EU] legislation." Ferrovial moved to Oxford just three years ago to the former headquarters of construction group Amey which is bought in 2004.

In the past few days, several companies have expressed worries over the impact of the UK leaving the EU.
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Old 26th Jun 2018, 17:02
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There will be more.
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Old 26th Jun 2018, 17:36
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anyone think that if this was announced yesterday the Heathrow expansion plans may have been defeated?
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Old 26th Jun 2018, 17:56
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No. But the topic headline is wrong. Heathrow’s operator is HIAL, which is NOT moving.

Just a HIAL investor, which makes this topic fake-news!
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Old 26th Jun 2018, 18:19
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Originally Posted by goeasy
No. But the topic headline is wrong. Heathrow’s operator is HIAL, which is NOT moving.

Just a HIAL investor, which makes this topic fake-news!

HIAL - Highlands and Islands Airports Limited

HAHL - Heathrow Airport Holdings Limited
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Old 26th Jun 2018, 18:42
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A non story really that only made news as its connected to Heathrow.

A few people in head office, most of who were probably never going to stay in the UK anyway.
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Old 26th Jun 2018, 18:51
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*Company owning shares in airports around the world moves HQ from London to Amsterdam*

See, it's not that hard.
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