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Airlines vie for ex-Thomas Cook airport slots

Operators
17 October 2019

Multiple carriers have reportedly entered into a multi-million pound bidding war for Thomas Cook’s lucrative take-off and landing slots.

Plans for another Thomas Cook reincarnation have collapsed

EasyJet, British Airways owner IAG, Virgin Atlantic and Wizz Air have all reportedly made bids for Cook’s slots, both Sky News and The Financial Times report.

It comes after Cook’s official receiver KPMG set a Wednesday (16 October) deadline for bids. KPMG declined to comment on the reports.

Any deals are expected to be completed by mid-November.

Peak slots, including 15 daily summer pairs making up 3.5% of capacity at Gatwick airport, could generate millions for Cook’s liquidators.