Easyjet brexit
 

Hi!!!!!!
What will happen to Easyjet in case of Brexit?

Absolutely nothing. Just look at Norwegian. Next.

Cannot think of a single thing that would change. Why would it ?

I don't think that it is that clear cut.

Norway is a member of the EEA which buys it the right to the deregulation within the EU. The UK on Brexit would not be in either the EU or EEA. EEA and all trade deals would have to be negotiated. There is absolutely no reason whatsover for EU governments to allow a non EU airline rights to compete with EU or EEA airlines.

Brexit is actually a very foolish idea unless you're a banker whose missing his bonus.

Wrong! It would change a lot and would be a real issue, hence why the CEO of easyJet is clearly against the UK leaving the EU.

Comparison with Norwegian is inaccurate. Norway is not part of the EU as we normally refer to, however it is part of the EEA (European Economic Area) and also part of something the UK has always opposed: Schengen Area.

So in some ways Norway is currently more integrated to the EU than the UK!

The threat is not to be like Norway, it is to change things that have taken time and cost to establish.

If the Uk was to leave the EU it would have to re-negotiate its agreements with member states: part of EASA or not? part of EEA or not? etc…,

Companies like easyJet would have to make costly adjustments like possibly: a new AOC, different A/C registrations, different ruling authorities is some areas, new approvals… and obviously hire staff for transition and implementation.

Clearly easyJet would be at a disadvantage, even if only for a limited amount of time, it will be enough for competitors to cease opportunities (Ryanair, Norwegian, Eurowings …).

It would also create uncertainty, and that is not what shareholders want…

A brexit could have very far reaching effects on the entire industry, especially LoCo land.
Think of the Irish price fighter saying EI-registered aircraft in UK bases, some of its staff employed on UK contracts.
Or the Orange machine, flying G-registered aircraft in non-UK bases, their staff on EU contracts doing so (exception to its Swiss outfit of course).
Maybe nothing changes, grandfather rights, EASA compliance continued, etc, but can we all be sure of that?

Can't wait to see the share prices Monday morning!

Well it would be a potential game changer for Ryanair and Norwegian as much as it would be for easyJet, in terms of their operations in the UK anyway.

Imagine all the European crews in the UK bases...would they be allowed to stay?!

Could be a ticket home for the Brits on tour!

Would be his worst nightmRe, bases full of Brits collaborating and plotting......!

On the day of Brexit all membership benefits are null and void, all trade deals are null and void.

Why would for example Italy allow a Non-EU airline the right to operate domestic flights?

Sounds like it would be a great opportunity for France, Spain and Germany to really shaft the UK and curtail airline operations within the EU.

I've always been in favour of the Commonwealth, but exiting the EU in this day and age is, in my opinion, a retrograde step in spite of my personal feeling to the contrary.

I always feel, when I'm on holiday in Europe, and look at the UK as an outsider looking in that things aren't all they ought to be. We are isolated and whilst it's fine to look to the West and the US, the reality is that we exist and operate within Europe.

I'll vote 'yes' to remaining within the EU in spite of our history dictating the contrary.

The future's bright, but not in isolation ...

Countries with struggling economies are going to turn their back on UK tourists and revenue, simply out of a misguided sense of spite? Yeah right, pull the other one..

Rex: That's irrelevent, of course UK Airlines will be able to fly from the UK with tourists, as they always have.

The question is will Easyjet have the freedom to operate intra EU or domestic within the EU after Brexit. Of course not.

Kungfu Panda all they'll do is construct an EU based holding company (easyJet Europe holdings LLC for instance) which buys the shares of the existing company and now owns the pan European operation with a new AOC. Job done. The change will be that easyJet will technically no longer be a "British" Airline but will operate to all intents and purposes exactly the same. Not hard at all to get around these things.

The Europeans will certainly do a deal on trade of all sorts.We will still have access to the single market etc and in many ways little will change. why?..because they export massively to the UK, its a market, they admit, they cannot afford to lose.Money, of whatever type, talks and no more so in this case. Kungfu..I think you might have been in China too long old chap..

In reality, if the airlines were to be barred, they would simply set up an aoc within an EU state and jobs a gooden. Just like what ez have done in the land of Swiss cheese

Honestly guys, if you work for Easyjet, I hope for your sake that you're right but an EU exit has not happened before and therefore will be very complicated. I would not bet my house on the outcome.

Any company worth its salt will already have plan a, b, and c specc'ed up and ready to go.

My money is on a big landslide to leave. The pollsters are saying it is closer than it is.

I'm sure they do?

Assuming that the UK can negotiate the trade deal it wants in the event of exit is naive. This isn't about what's economically sensible (for either the UK or the other EU states). It's about politics and history and emotion.
Should the UK vote to leave, there are many many politicians around Europe who will want to punish the UK (even if it causes some harm to their own economy) - as much as anything as a warning to any other potential waiverers across Europe about the consequences of leaving.
If we decide to leave, this would be the most painful and disruptive divorce imaginable.

ELP: Thanks for that post. It is entirely accurate. After a Brexit it can't be made to appear as easy by the rest of the EU, it has to be turned into something that you don't want to do. Easyjet will be the flogging horse of the Airline industry.

One thing is certain; easyjet won't be doing domestic in Italy after a Brexit.

The biggest problem is that the decision will be made by people who have little interest in and knowledge of the subject except for their nationalistic values and pride being displayed.

Most people are unaware of what the EU does and has done for the UK in decades gone by, some were not even born then, let alone learned about it in their history books.

IMHO:
- Should a Brexit happen: No!
- Should UK regain some of its lost (financial) independence: Yes, like most other countries would like to, but in this the UK is different in effect with its sovereign economy which should remain intact, it is healthier then the Eurozone and provides a stimulus to it being closely linked.
- Should UK get more control over their benefit system funds given to non-domestic persons: Yes, as it is not fair to receive UK money (for instance for a child not living ik UK but elsewhere in EU and receiving benefits to the amount of those given to UK parents to raise their offspring in UK) when not abiding there; benefit should be paid, by UK if legally required, but only to the national rate set where the child is brought up and resides.
- Would the economy suffer as a result of induced costs as a result of a Brexit: Yes, it will cost many millions to rewrite all legal documents, manuals, jurisdiction, treaties, etc. A waste of UK resources bar to those in the business of rewriting them.

But this forum is about aviation, it seems impossible to imagine airlines closing and moving operations but in today's theatre of daily pan-EU flights nothing should be dismissed. The workforce is the probably the biggest loser in this game, set to accept changes or to be told "or else..."

What would it mean for RYR crew based in the UK also? They're non-UK in licensing and (self-)employment aren't they?

Not that I am one, but as a matter of interest/concern. I can only see things getting worse, not better, if there are changes for them.




Unfortunately I believe we're caught between a rock and a hard place.
Britain in the EU is beyond the point of no return, we let it go on for too long and now we're hamstrung into a European Union that has too much power in the hands of non-elected people, making too many rules whilst seemingly having nobody to answer to.

Rules that only serve to shift the power from the individual members to the union.




I am still not clear on the facts of staying or leaving, the real benefits and disadvantages. All I have seen and read and heard have been scare stories about how there'll be "Paris-style terror attacks" and a "Jungle 2.0 at Dover" and things like that.

I don't believe David Cameron has achieved anything in his talks, and I think that view is shared by a number of his mates (i.e. the cabinet) as there are a significant number of them vocally for a Brexit.




I think it would be useful if my company, and BALPA (in the Log), both impartially summarised what it would mean to aviation and to UK pilots (in the UK and in other EU countries) if we leave, or if we remain. Unfortunately I cannot see impartiality, as they both have an agenda.



I want so badly Britain to get itself out of the mess of the EU. But I just fear it is far too late and will :mad: us over if we do. Should have done this 20 years ago.

As someone previously alluded to, the intelligent make up a minority and a referendum will be voted by the majority.
We are in for a rough ride. Aviation, you've got to love it........not

I just hope Ireland will follow...so that there will be still a future for EU aviation. I just wonder who the **** invited you in the first place....barbarians imperialistic planet ****ers with that silly royal family :)

Lots of duty free possibly to be had now?

Some very high minded views about who the intelligent people are in our country? I want to know why you think the masses can't make an informed decision? Back up your statements with facts rather than condescending attitudes!:D

Thinking more about Brexit, I now think that it is potentially catastrophic for UK passport holding Pilots without automatic right to live and work in the EU. The UK is a major exporter of Pilots and new jobs would no longer be available at European bases for British Pilots creating a Log jam of Pilots in the UK. This would mean massive over supply and very significant degradation of Salary.

Returning Pilots, like myself would be forced to the UK.

Catastrophic: The worst idea in my life time.

So UK want the best of both worlds? You are either in or out. How would the "union" function if all countries took the UK attitude?

I don't think many Brits get the European mindset. If Britain were to leave there would be severe and punitive barriers set up. A out of spite. And B pour encourager les autres. You may not like to hear it but it'll happen. And yes the Europeans will cut off their noses to spite their faces.

TBH I think there will be a bit of both. Certainly the appointed commissioners /functionares/MEPs will be bricking themselves at the UK starting a trend and there will push for "punishment".

OTOH behind the scenes there will be an element of following the money and protecting national interests. Certain countries might want to think very hard before lobbying to introduce too many sanctions


https://en.wikipedia.org/wiki/EDF_Energy

Because they will be "informed" by the Daily Mail.
You could add:
"Then settle down to watch x-factor and BB while dribbling gently into take away pizza".
But I wouldn't be so harsh...
I'm "Brin" if you hadn't guessed. Why do you think every other country wants to stay in, or get in so badly. Then ask if we shouldn't be trying to make it work for us. It's no coincidence that it's those who generally distrust, or mistrust "johnny foreigner" who are so pro Brexit
First time I've found myself having sympathy with Cameron.

Britain was at the forefront of deregulation in the 1990's, why the heck do we have to throw that away and go back to applying for bi-lateral agreements to operate scheduled routes.

It'll be great for European Pilots as the British Pilots are no longer able to apply. Rising wages in Europe, collapsing wages in the UK.

Really?? So who are you informed by then?

I ate take away pizza last night, does that make me one of them?

Shaun

It may amaze you to realse that none of the newspapers are going to tell you it as it is.

The Mail or otherwise.

16024 makes a good point that many people will use their vote based on what their particular newspaper editor wants to happen, for him and for his company. As ludicrous as it is the sad truth of the matter is that a lot of people will vote dependent on a wealthy newspaper owners opinion. Not all, but a large amount

It is possible that Employees of brit base eu wide locos may well be in for uncertain or changing times, and whether the owner of the Daily Mail (insert any news paper you like here) has the same vested interest as flight or cabin crew at a brit based loco remains to be seen.

It is possible, but I doubt it

Thanks for enlightening me! Blimey I must have been living the dark for a long time!! So which/who's form of propaganda do you subscribe to? I never for once guessed that the daily mail/telegraph/sky news/bbc etc may be biased.

Also, many people pin the blame for whatever they see as the failing of the U.K. On Europe without realising that if you take us out of Europe the problems are still there and a few more have appeared.

I do think eu has ideas above its station. I should consolidate what it has and focus on prosperity health and education for its citizens rather than the constant focus on getting bigger. I was in Yerevan 3 years ago and bumped into an eu delegation looking at Armenia joining!

Don't worry, China and the ME3 are looking for pilots ;)

EASA and eu ops? What happens there? I guess back to the CAA in the belgrano running the show......:{