EU considers rules change over foreign ownership of airlines - Reuters

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The EU is preparing a review of airline ownership rules to prevent foreign investors from gaining effective control of carriers, Reuters reported on Wednesday, citing an EU official.

The official said the move could complicate US offers for the Luton, England-based low-cost carrier easyJet PLC.

The anonymous official told Reuters that the review would "protect strategic autonomy" to ensure control of regional carriers remains within the bloc.

"This ​is to ensure that foreign investors don't have full control," the official added. "We need to make sure we have sufficient headroom when it comes to control."

easyJet earlier this month backed a £5.7 billion by Apollo Global Management, beating an earlier £5.5 billion bid by Castlelake.

easyJet shares closed down 0.2% at 662.00 pence each on Wednesday in London.

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