Events across the weekend to celebrate the work of our Armed Forces
Luton Staff Stay Despite Possible Legal Base Going
Luton-based easyJet is drawing up plans to potentially move its legal headquarters out of the UK and into Europe as the business fallout from the EU referendum continues.
The budget airline will lobby British and EU governments to retain the status quo in the aviation market, which allows operators to fly across the continent in a deregulated environment.
However, if this cannot be achieved it will look at options including setting up a new entity in Europe or moving its legal home from Luton to a European city.
In a statement, easyJet said:
"As part of easyJet's contingency planning before the referendum we had informal discussions with a number of European aviation regulators about the establishment of an AOC (air operator certificate) in a European country to enable easyJet to fly across Europe as we do today.
EasyJet has now started a formal process to acquire an AOC."
It added that it has no plans to move its headquarters or their 1000 or so jobs, from its Luton base.
On Monday, easyJet said it anticipates economic and consumer uncertainty this summer and, as a result, revenue in the second half will be down by "at least a mid-single digit percentage".
Barry Walker Began Abusing His Victim When She Was Just 7
Police Pay Tribute To Bletchley Community Officer
Great Get Together Comes Together For Jo Cox Across The East
Recently Played Tracks
To listen live, choose your preferred station:
Now playing: The best feel good music
Deposit £10 to get a £40 Welcome Bonus - That's £50 to play bingo, slots and more!*
Over 50 tracks to make you feel-good. New album out now...
Find your local four day weather report here.
Make Heart the soundtrack to your day and you could be a winner with great prizes up for grabs throughout the day.