What Happened
European Union Prepares To Reinforce Restrictions On Foreign Control
The European Union is preparing to tighten its scrutiny of airline ownership rules, a move that could complicate US-led takeover bids for British low-cost carrier easyJet. The review, expected in the autumn, aims to clarify what corporate ownership structures are permitted to ensure effective control of regional carriers remains within the EU. This development was first reported by Reuters, according to India Gazette.