British Airways owner ‘exposed to French and German demands for a break-up’

Not everything is resolved with Brexit.

From The Telegraph:

“The owner of British Airways is at risk of a challenge from France and Germany under legacy Brussel rules that would force it to break up, analysts have warned.

IAG, the FTSE 100 group whose airlines also include Aer Lingus and Spain’s Iberia, could be forced to spin off BA because of European Union ownership rules, according to HSBC.

These regulations require airlines which operate flights between countries in the bloc to be “owned and controlled” from member states.”

Read the full article:

https://finance.yahoo.com/news/british-airways-owner-exposed-french-135639665.html