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Innsbruck Airport, Austria © Christian Allinger

EasyJet selects Vienna HQ

14/07/17Government

UK airline EasyJet is planning to set up a new company in the Austrian capital Vienna to protect its European business after Britain leaves the EU.

EasyJet announced last year that the process of establishing a presence on the continent was underway in preparation for the UK leaving the EU.

Trading under the new name of EasyJet Europe, the airline must have an EU air operator certificate to allow it to continue operating between member states after Brexit.

In a statement, EasyJet said: “While the new structure will protect all of EasyJet’s current flying rights within Europe, EasyJet will continue to push for the UK and EU to reach an aviation agreement which, at a minimum, will enable flights between the UK and EU.”

The application “will allow EasyJet to establish a new airline, EasyJet Europe, which will be headquartered in Vienna and will enable EasyJet to continue to operate flights both across Europe and domestically within European countries after the UK has left the EU”, EasyJet added.

The company assured passengers that “nothing will change” from their perspective, and that all the staff and planes that would fly for EasyJet Europe were already employed and based in the other 27 EU countries.

Since 1994, EU airlines have been free to fly between any two points in Europe, which allowed companies like EasyJet to expand into market leaders.

EasyJet already has an established airline in non-EU member Switzerland. The parent company – EasyJet PLC – will retain its London Stock Exchange listing and its UK headquarters.

Austrian Chancellor Christian Kern hailed the announcement as “tremendous news for Austria”.

Pan European Networks Ltd