June 2, 2003 at 12:35 pm
An article in yesterdays sunday papers stated that BAe Systems have been barred from using their fleet of 8 146, ATP and Jetstreams at weekends for football charters as they are no longer at least 50% UK owned. How can the CAA enforce rulings like this and yet allow Ryanair to operate a UK operation (in essence) on the Irish register.
Scandalous and shameful double standards.
By: robc - 2nd June 2003 at 16:22
I dont know something here doesnt seem right….?
By: mongu - 2nd June 2003 at 14:37
Isn’t that illegal?
The Treaty of Rome prohibits barriers on the basis of nationality, within the EU. That’s why Ryanair is allowed to operate in the UK, presumably.
Maybe BAE Systems is partly owned some American shareholders now.
But that directive seems impossible to implement – how many BA shares are owned by non-EU shareholders? Quite a high proportion, I would think! Would BA then be grounded?!
What if I am a fund manager for a pension fund, and agree to sell my 25% of BA to a Swiss fund manager and that took the proportion on non-EU owned shares over 50% – BA should by the CAA’s logic certainly be grounded.
By: skycruiser - 2nd June 2003 at 14:07
wysi, why does this not suprise me!!!
By: Bhoy - 2nd June 2003 at 14:01
they merged with a US defense company, didn’t they?
By: Ren Frew - 2nd June 2003 at 13:50
So is Bae Systems half Irish owned now then ?
By: EGNM - 2nd June 2003 at 12:43
could this explain Leeds/Bradfords loss of the BAe146 on the Verona services for Tour Operator Crystal from Leeds/Bradford on a Saturday, it been replaced by 2 E145 flights with bmi?
Also i presume that this is within the Open Skies rulings as it exculdes charter operations?