EasyJet boss threatens to bail out of Britain: Airline run by David Cameron adviser looks at moving to Europe

The airline run by one of David Cameron's business advisers threatened yesterday to move its headquarters out of Britain.

EasyJet, which employs around 1,000 at its Luton base, has started talks about transferring to another European Union country.
Chief executive Dame Carolyn McCall, a member of the Prime Minister's business advisory group who backed the Remain campaign, is said to have signalled in private meetings that moving is almost inevitable.
Tory MP Jacob Rees-Mogg, a member of the Treasury Select Committee who campaigned to leave the EU, said: 'This is more a political statement by easyJet than anything else.
'They backed Remain in the campaign. Their customers voted to leave and now they are going against their customers. I think it is unwise.
'The sensible thing to do is see what happens. We haven't even begun negotiations. Making multi-million-pound decisions at this stage is not in the interest of shareholders.'
Under EU rules, airlines are able to fly freely across Europe, but there are now questions over whether that will continue to apply to UK-based operators after Brexit.
EasyJet is lobbying the British and EU governments to retain the status quo in the aviation market, but it has also drawn up contingency plans to set up a new company in Europe or move its legal base from Luton to a city in the EU.
The company has already held preliminary talks with a handful of EU member states about issuing it with an air operator's certificate (AOC) that would allow it to base its HQ in them.


(culled from www.dailymail.co.uk)