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‘Let troubled airlines operate in protective administration’

Government
James Chapple
25 September 2019

The Unite union has urged the government to reform insolvency legislation to allow airlines facing financial difficulties to continue operating in “protective administration” rather than just letting them collapse into insolvency.

Plans for another Thomas Cook reincarnation have collapsed

Thomas Cook Airlines’ German and Scandinavian sister airlines have been able to continue operating in recent days despite the collapse of Thomas Cook Group on Monday (23 September), whereas the UK-based carrier has ceased flight operations.


On Wednesday (25 September), Cook’s German carrier Condor confirmed it had been granted a €380 million “bridging loan” by the German government allowing it to maintain operations through the winter while it seeks a buyer.