As IAG hurriedly holds talks with Brussels and Madrid on its ownership structure after Brexit, the spotlight has also fallen on Cargologicair.
Under EU airline ownership rules, carriers must be 51% owned and controlled by EU companies or individuals.
In IAG’s case this is theoretically problematic: once UK shareholders are no longer EU members, IAG could fall below the 51% EU-owned threshold for its Spanish and Irish airlines.
British Airways, conversely, could need to ...
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