Originally Posted by
Globaliser
Would TCX stop operating if it's sold? I would have thought it more likely that it will just continue as a going concern under new ownership.
I would have thought so, but maybe not all routes - I would imagine TC would look to buy seats on a competitive basis once they are no longer an operator. Which if not continued on TCX, some routes maybe become uncompetitive and slots sold?... Maybe.
Alternatively…. I think I read somewhere that TCX is currently only operating on a profit margin of 3.7% which would make a BA direct bid unlikely, but could there be interest from Level, with a view from IAG of using some slots by BA?