Brexit and British Airways, easyJet, Ryanair, et al.

Join this forum to discuss the latest news that happened in the world of commercial aviation.

Moderator: Latest news team

Post Reply
User avatar
Ozzie1969
Posts: 752
Joined: 03 Sep 2004, 00:00
Location: Brugge, Flanders + Annan, Scotland + Ormoc,Philippines
Contact:

Re: British Airways and the Brexit?

Post by Ozzie1969 »

sean1982 wrote:Sun air.
Thank you. Do they still fly their Dornier? I'm only asking because we may be visiting Legoland next year.

sean1982
Posts: 3260
Joined: 18 Mar 2003, 00:00
Contact:

Re: British Airways and the Brexit?

Post by sean1982 »

Ozzie1969 wrote:
sean1982 wrote:Sun air.
Thank you. Do they still fly their Dornier? I'm only asking because we may be visiting Legoland next year.
They do, but I think Inquirer is correct in saying that they do no longer operate the route from BRU.

User avatar
sn26567
Posts: 40827
Joined: 13 Feb 2003, 00:00
Location: Rosières/Rozieren, Belgium
Contact:

Re: British Airways and the Brexit?

Post by sn26567 »

Qatar Airways is reportedly considering further increasing its stake in IAG, the parent of British Airways, after the UK-based company lost a third of its market value in the fallout from the country’s vote to leave the EU.
André
ex Sabena #26567

sean1982
Posts: 3260
Joined: 18 Mar 2003, 00:00
Contact:

Re: British Airways and the Brexit?

Post by sean1982 »

It's NOT uk based. It's based in Spain.

Passenger
Posts: 7266
Joined: 06 Dec 2010, 20:54

Re: British Airways and the Brexit?

Post by Passenger »

Both of you are right: IAG is UK based, and IAG is registered in Spain:

About us on http://www.iairgroup.com:

"...Formed in January 2011, IAG is the parent company of Aer Lingus, British Airways, Iberia and Vueling. It is a Spanish registered company with shares traded on the London Stock Exchange and Spanish Stock Exchanges. The corporate head office for IAG is in London, UK..."

User avatar
sn26567
Posts: 40827
Joined: 13 Feb 2003, 00:00
Location: Rosières/Rozieren, Belgium
Contact:

Re: British Airways and the Brexit?

Post by sn26567 »

Sean, you'll soon be working for Qatar Airways ;)

No doubt that the Brexit will accelerate the increase in power of Qatar Airways in IAG.
André
ex Sabena #26567

sean1982
Posts: 3260
Joined: 18 Mar 2003, 00:00
Contact:

Re: British Airways and the Brexit?

Post by sean1982 »

sn26567 wrote:Sean, you'll soon be working for Qatar Airways ;)

No doubt that the Brexit will accelerate the increase in power of Qatar Airways in IAG.
Isnt it funny how the vote "to get their country back" is pushing their flagship in middle eastern hands.

On the up side. They have deep pockets

Passenger
Posts: 7266
Joined: 06 Dec 2010, 20:54

Re: British Airways and the Brexit?

Post by Passenger »

Ansett wrote:As to the EU, it cannot force the UK to leave.
Moderators have asked not to make this is a political discussion about the Brexit, so I reply as brief as possible. Yes, the EU can force the UK out. See Article 7: http://eur-lex.europa.eu/legal-content/ ... :12012M007

sean1982
Posts: 3260
Joined: 18 Mar 2003, 00:00
Contact:

Re: British Airways and the Brexit?

Post by sean1982 »

Passenger wrote:
Ansett wrote:As to the EU, it cannot force the UK to leave.
Moderators have asked not to make this is a political discussion about the Brexit, so I reply as brief as possible. Yes, the EU can force the UK out. See Article 7: http://eur-lex.europa.eu/legal-content/ ... :12012M007
Nikos Skoutaris, lecturer in European Union law at the University of East Anglia said: “To trigger article 7, there must be a reason to do with the foundational values of the EU, democracy and the rule of the law on so on. It has never been used. There have been occasions when there have been threats to use it, in the 1990’s when there was a possibility of neo-Nazis being in an Austrian coalition.

the EU can only suspend a member if it deems it to be in breach of basic principles of freedom, democracy, equality and rule of law, which is not the case here

Passenger
Posts: 7266
Joined: 06 Dec 2010, 20:54

Re: British Airways and the Brexit?

Post by Passenger »

The Guardian (28/10/2016): "...British Airways owner International Airlines Group has cut its profit forecast for the second time since the EU referendum, blaming the weaker pound and poor trading. IAG, which also owns Vueling, Iberia and Aer Lingus, had a bumpy ride in the third quarter as profit took a €162m (£145m) hit from the pound’s tumble and air traffic control strikes, which led to repeated flight cancellations. This comes on top of a €148m currency hit in the second quarter. Bookings also suffered because of the Brexit vote, especially for business travel..."

Continues here:
https://www.theguardian.com/business/20 ... rd-quarter

User avatar
sn26567
Posts: 40827
Joined: 13 Feb 2003, 00:00
Location: Rosières/Rozieren, Belgium
Contact:

Re: British Airways and the Brexit?

Post by sn26567 »

International Airlines Group (IAG) CEO Willie Walsh, speaking in Washington DC Nov. 9 at the International Aviation Club, congratulated President-elect Donald Trump on his election victory, and urged the US government and the aviation industry to support a new US-UK Open Skies agreement modeled on the existing US-European Union (EU) Open Skies agreement.

Hey, if you leave the EU, you leave its advantages as well...

http://atwonline.com/open-skies/iag-ceo ... -agreement
André
ex Sabena #26567

User avatar
RoMax
Posts: 4454
Joined: 20 Jun 2009, 16:32

Re: British Airways and the Brexit?

Post by RoMax »

sn26567 wrote:International Airlines Group (IAG) CEO Willie Walsh, speaking in Washington DC Nov. 9 at the International Aviation Club, congratulated President-elect Donald Trump on his election victory, and urged the US government and the aviation industry to support a new US-UK Open Skies agreement modeled on the existing US-European Union (EU) Open Skies agreement.

Hey, if you leave the EU, you leave its advantages as well...

http://atwonline.com/open-skies/iag-ceo ... -agreement
True, but open skies agreements are not unique to the EU. In the case of the EU-US it concerns a multilateral open skies agreement, but there are many more examples worldwide of bilateral open skies agreements between two single countries. The UK and US are free to negotiate a new bilateral open skies agreement.

For BA's OpenSkies division, of course they will need an AOC from an EU country to continue operating to the US.

LJ
Posts: 911
Joined: 14 Mar 2004, 00:00
Location: Heiloo NL

Re: British Airways and the Brexit?

Post by LJ »

RoMax wrote:True, but open skies agreements are not unique to the EU. In the case of the EU-US it concerns a multilateral open skies agreement, but there are many more examples worldwide of bilateral open skies agreements between two single countries. The UK and US are free to negotiate a new bilateral open skies agreement.
Which is why he's a little bit worried as Trump doesn't believe (at least at the moment) in these kind of agreements if it doesn't benefit US companies (which one can argue as access to Heathrow is limited). This means IAG will have to do some lobbying.

sean1982
Posts: 3260
Joined: 18 Mar 2003, 00:00
Contact:

Re: British Airways and the Brexit?

Post by sean1982 »

RoMax wrote:
sn26567 wrote:International Airlines Group (IAG) CEO Willie Walsh, speaking in Washington DC Nov. 9 at the International Aviation Club, congratulated President-elect Donald Trump on his election victory, and urged the US government and the aviation industry to support a new US-UK Open Skies agreement modeled on the existing US-European Union (EU) Open Skies agreement.

Hey, if you leave the EU, you leave its advantages as well...

http://atwonline.com/open-skies/iag-ceo ... -agreement
True, but open skies agreements are not unique to the EU. In the case of the EU-US it concerns a multilateral open skies agreement, but there are many more examples worldwide of bilateral open skies agreements between two single countries. The UK and US are free to negotiate a new bilateral open skies agreement.

For BA's OpenSkies division, of course they will need an AOC from an EU country to continue operating to the US.
In case of a "hard Brexit" yes, which seems very unlikely.

convair
Posts: 1945
Joined: 18 Nov 2011, 00:02

Re: British Airways and the Brexit?

Post by convair »

sean1982 wrote: In case of a "hard Brexit" yes, which seems very unlikely.
As most British people will discover, there is no such thing as a "hard Brexist" or a "soft Brexit"; there is Brexit full stop. If and when you resign from a club, you're no longer bound by the rules of the club, but the club has no more obligation towards you.

sean1982
Posts: 3260
Joined: 18 Mar 2003, 00:00
Contact:

Re: British Airways and the Brexit?

Post by sean1982 »

convair wrote:
sean1982 wrote: In case of a "hard Brexit" yes, which seems very unlikely.
As most British people will discover, there is no such thing as a "hard Brexist" or a "soft Brexit"; there is Brexit full stop. If and when you resign from a club, you're no longer bound by the rules of the club, but the club has no more obligation towards you.
Bold language :mrgreen:

Switzerland? Norway? ...

User avatar
lumumba
Posts: 2059
Joined: 04 Sep 2003, 00:00
Location: brussels Europe

Re: British Airways and the Brexit?

Post by lumumba »

sean1982 wrote:
convair wrote:
sean1982 wrote: In case of a "hard Brexit" yes, which seems very unlikely.
As most British people will discover, there is no such thing as a "hard Brexist" or a "soft Brexit"; there is Brexit full stop. If and when you resign from a club, you're no longer bound by the rules of the club, but the club has no more obligation towards you.
Bold language :mrgreen:

Switzerland? Norway? ...
I'm agree with Sean hear but anyway it will not be cheaper for the UK after the Brexit,take Norway for example it cost there a lot of money to be able to make business with the EU but without to be part of it.

So if they do the same deal has Norway it will cost them more money than what they should normally spend if they where part of the EU.

And a hard Brexit without any deal that would be terrible for them but this look very unlikely...
Hasta la victoria siempre.

convair
Posts: 1945
Joined: 18 Nov 2011, 00:02

Re: British Airways and the Brexit?

Post by convair »

sean1982 wrote:
convair wrote:
sean1982 wrote: In case of a "hard Brexit" yes, which seems very unlikely.
As most British people will discover, there is no such thing as a "hard Brexist" or a "soft Brexit"; there is Brexit full stop. If and when you resign from a club, you're no longer bound by the rules of the club, but the club has no more obligation towards you.
Bold language :mrgreen:

Switzerland? Norway? ...
What I am saying is that all international agreements signed by the EU (in the name of the member countries) will obviously no longer cover/include Britain.
Britain might be able to conclude its own agreements at equivalent, better, or worse terms as those they had under the EU umbrella but they will require new negotiations in which the EU will not be involved, hence no matter how hard or how soft they will see their Brexit.

And, BTW, the people did not vote for a hard or a soft Brexit, they voted for Brexit. All these discussions going on now about hard or soft Brexit merely confirm that people did not know what they were voting for.
And those who voted to Remain didn't know either, except that they were linking their future to that of the other members.

Agreements between Britain and the EU (à la Switzerland or Norway) are another matter. A looser form of association with the EU could be reached, but it means concessions will have to be made, ON BOTH SIDES.

sean1982
Posts: 3260
Joined: 18 Mar 2003, 00:00
Contact:

Re: British Airways and the Brexit?

Post by sean1982 »

convair wrote:
sean1982 wrote:
convair wrote:
As most British people will discover, there is no such thing as a "hard Brexist" or a "soft Brexit"; there is Brexit full stop. If and when you resign from a club, you're no longer bound by the rules of the club, but the club has no more obligation towards you.
Bold language :mrgreen:

Switzerland? Norway? ...
What I am saying is that all international agreements signed by the EU (in the name of the member countries) will obviously no longer cover/include Britain.
Britain might be able to conclude its own agreements at equivalent, better, or worse terms as those they had under the EU umbrella but they will require new negotiations in which the EU will not be involved, hence no matter how hard or how soft they will see their Brexit.

And, BTW, the people did not vote for a hard or a soft Brexit, they voted for Brexit. All these discussions going on now about hard or soft Brexit merely confirm that people did not know what they were voting for.
And those who voted to Remain didn't know either, except that they were linking their future to that of the other members.

Agreements between Britain and the EU (à la Switzerland or Norway) are another matter. A looser form of association with the EU could be reached, but it means concessions will have to be made, ON BOTH SIDES.
Dont know why you are getting so worked up about this. The people voted for Brexit by a small majority. Politicians now have to make it happen keeping the best interests of the WHOLE country in mind. (If not you get Trump-like protests) I think everyone with a bit of common sense can understand that strong Ties with the EU are in the best interests of both parties. Off course concessions willen made.

convair
Posts: 1945
Joined: 18 Nov 2011, 00:02

Re: British Airways and the Brexit?

Post by convair »

sean1982 wrote: Dont know why you are getting so worked up about this. The people voted for Brexit by a small majority. Politicians now have to make it happen keeping the best interests of the WHOLE country in mind. (If not you get Trump-like protests) I think everyone with a bit of common sense can understand that strong Ties with the EU are in the best interests of both parties. Off course concessions willen made.
:lol: :lol: Ha! Ha! Worked up? Surely not Sean; I was just giving my reading of the consequences of the Brexit vote. But I respect the decision of the people, even though I believe it was a mistake.

Post Reply