BERLIN, Sept 22 British budget carrier easyJet
is close to taking a stake in German airline TUIFly in
order to secure flying rights in Europe even after Britain
leaves the European Union, German publication manager magazin
reported on Thursday, citing sources.
EasyJet could be left without the rights to operate
inner-European flights, which analysts estimate account for
around one third of its business, should Britain leave the EU
without negotiating access to the common EU aviation area.
EasyJet CEO Carolyn McCall has therefore been looking at
ways of obtaining the necessary licences to continue to operate
as an EU carrier.
TUI Group, which owns TUIFly, and easyJet declined
(Reporting by Victoria Bryan, Peter Maushagen and Sarah Young;
Editing by Harro ten Wolde)