want2fly4less

Hi everyone,

has anyone any idea, how the residency requirement for the IAG holding will be met for flights for Iberia and Aer Lingus since the seat of the IAG Ltd. is in the UK, when the UK does their Brexit and the other airlines in the IAG group fly ex EU ?

Since the British PM said, that she would do a complete Brexit this might spell the end for the IAG Group or BA, if BA needs to remain in British hand and the other EU Airlines,which are part of Brexit in EU hands ??

I imagine, that this will produce quite a few headaches in the legal department of IAG...

I know, that this was already an headache for Air Berlin with the Etihad holdings in Air Berlin ...

PS.: Please excuse it, if this is more suited for one of the OMNI Forums..

geronimo

As IAG is Spanish registered, my understanding is that BA that faces issues re residency, not EI, IB et al. No doubt someone better informed than me will be able to confirm, and in the context of the drivel that the British PM was spouting today.

rpjs

Perhaps they could come up with some sort of hybrid company like Royal Dutch Shell or Unilever - BA + RestOfIAG

DFB_london

just witter away about global Britain BA and it ll all be fine.

srbrenna

The quicker this thread moves to OMNI the better!

want2fly4less

My question is BA related and not political about how to do the brexit or similar....

theddo

Are there any other companies in the UK with subsidiaries outside the EU, or which is fully-owned by corporations outside the EU?

IAG will probably survive like all those companies already does, and have done for years.

Ldnn1

Well that ignores the OP's question, which is pertinent because there are specific ownership rules about airlines which do not apply to other companies.

But, there is already at least one other thread on this topic so I suggest this one may be best merged with that.

want2fly4less

I searched for it, but didn`t found such thread in the BA Forum...

evanderm

IAG's seat notwithstanding, I wonder if the UK will have to renegotiate a bilateral air service agreements with the EU and US to keep the existing route structures open.

Could we see Bermuda II make a return?

Kgmm77

There is no wondering about it, it absolutely will have to be renegotiated.

How hard or easy that will be is what's up for debate.

Worcester

It's not just BA, Easyjet is in an even more compromising position flying many inter EU flights which non EU airlines are not allowed to do as a rule.

I suspect there will need to be a new agreement negotiated to sort this out.

want2fly4less

In my opinion, that it`ll all depend on the political will to make it happen and on how the "old" bilateral treaties were designed, if they were dissolved as the next generation of the treaties went into effect or the old treaties simply went into some kind of hibernation..

Etxebas

IAG is registered in Madrid, Spain, and all general board meetings are held in an old house within the IB campus at La Muñoza (next to MAD airport). There is also a small museum and a "first class" restaurant I was lucky enough to visit a couple of times.

want2fly4less

This will make it easy for IB, VY, EI. Just BA`s situation is a little bit unclear...