WW "airlines to go bust"
Sep 23, 2019, 4:08 pm
#511
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XL Airways Germany had similarly survived the parent's bankruptcy but it had already ceased to exist, closing in December 2012.
Sep 24, 2019, 12:53 am
#512
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I quite agree
The CAA is in top of this and people are being brought home on their scheduled return flight day. So barring any nonsense from hotel operators no ones holiday is being curtailed and although there might have been a period of stress the customers really should just get on enjoying whatever it is they are doing
This term repatriation makes it sound like there is some mad rush to get everyone e home asap before the martians attack.
The CAA is in top of this and people are being brought home on their scheduled return flight day. So barring any nonsense from hotel operators no ones holiday is being curtailed and although there might have been a period of stress the customers really should just get on enjoying whatever it is they are doing
This term repatriation makes it sound like there is some mad rush to get everyone e home asap before the martians attack.
Sep 24, 2019, 3:30 pm
#513
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This post (from BA involved in repatriation of Thomas Cook customers) reminded me of something that I saw a day or so ago: XL Airways France (which was bought from the parent company XL Leisure at the time it went under in ~2008) has itself now ceased operations. On 19 September 2019 it was placed into receivership and stopped selling tickets immediately, with a shutdown yesterday (22 September 2019).
XL Airways Germany had similarly survived the parent's bankruptcy but it had already ceased to exist, closing in December 2012.
XL Airways Germany had similarly survived the parent's bankruptcy but it had already ceased to exist, closing in December 2012.
Sep 27, 2019, 2:59 pm
#514
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At the end of https://www.theguardian.com/business...annual-profits there's a bit about TCX slots:
Walsh said: “We’ve seen a number of [airline] failures across Europe and there will be further failures. Most airlines are moderating their capacity growth plans for the fourth quarter and 2020.”
He said IAG would be looking at acquiring Thomas Cook’s slots at Gatwick airport following the travel company’s collapse, adding he was “pleased with the slots acquired from Monarch” when it went bust two years ago.
He said IAG would be looking at acquiring Thomas Cook’s slots at Gatwick airport following the travel company’s collapse, adding he was “pleased with the slots acquired from Monarch” when it went bust two years ago.
Nov 8, 2019, 4:53 am
#515
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IAG/BA has been beaten too or chosen not to buy the LGW Thomas Cook slots.
https://www.cityam.com/easyjet-buys-...istol-for-36m/
Budget airline Easyjet has bought the take-off and landing slots of collapsed travel company Thomas Cook at London Gatwick and Bristol airports for £36m.
The company announced today it has bought 12 summer slot pairs and eight winter slot pairs at Gatwick and six summer slot pairs
The company announced today it has bought 12 summer slot pairs and eight winter slot pairs at Gatwick and six summer slot pairs
Nov 8, 2019, 5:05 am
#516
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That puts Easyjet (including Easyjet Switzerland and Easyjet Europe) with about 45% of traffic at LGW.
BA gets a great deal of flak for having 55% of LHR traffic, but there seems to be no official concern about Easyjet's dominance at LGW.
Maybe more eyebrows will be raised if Norwegian collapses and Easy buys their slots (which are, in total, 11% of traffic at LGW).
BA gets a great deal of flak for having 55% of LHR traffic, but there seems to be no official concern about Easyjet's dominance at LGW.
Maybe more eyebrows will be raised if Norwegian collapses and Easy buys their slots (which are, in total, 11% of traffic at LGW).
Jan 12, 2020, 3:38 pm
#518
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Flybe on the brink
https://news.sky.com/story/regional-...lapse-11907407
Flybe, Europe's biggest regional airline, was locked in survival talks on Sunday night less than a year after being bailed out by a Virgin Atlantic-led consortium.
Sky News can exclusively reveal that Flybe, which handles over half of Britain's domestic flights outside London, has been trying to secure additional financing amid mounting losses.
EY, the accountancy firm, has been put on standby to handle an administration of Flybe Group, according to aviation industry sources.
The government is understood to have been briefed on the crisis at Flybe in the last few days, with more than 2000 jobs at risk if the company collapses.
One source close to Flybe said on Sunday night that the Department for Transport and Department for Business, Energy and Industrial Strategy had been working to determine whether the government could provide or facilitate any emergency financing to the company.
If Flybe is unable to stitch together a rescue deal, it would be the second major airline collapse in four months, following Thomas Cook Group's implosion last September. Flybe operates about 75 aircraft and serves more than 80 airports across the UK and Europe.
Flybe, Europe's biggest regional airline, was locked in survival talks on Sunday night less than a year after being bailed out by a Virgin Atlantic-led consortium.
Sky News can exclusively reveal that Flybe, which handles over half of Britain's domestic flights outside London, has been trying to secure additional financing amid mounting losses.
EY, the accountancy firm, has been put on standby to handle an administration of Flybe Group, according to aviation industry sources.
The government is understood to have been briefed on the crisis at Flybe in the last few days, with more than 2000 jobs at risk if the company collapses.
One source close to Flybe said on Sunday night that the Department for Transport and Department for Business, Energy and Industrial Strategy had been working to determine whether the government could provide or facilitate any emergency financing to the company.
If Flybe is unable to stitch together a rescue deal, it would be the second major airline collapse in four months, following Thomas Cook Group's implosion last September. Flybe operates about 75 aircraft and serves more than 80 airports across the UK and Europe.
Jan 12, 2020, 6:27 pm
#521
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Presumably if they go bust BA will end up with quite a few more LHR slots as I think there were 6 EDI remedy slots and 3 ABZ slots given to them after the bmi merger and virgin red failing.
Jan 13, 2020, 2:09 am
#522
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Surely the consortium will want to keep it going? Virgin Connect and all of that.
Unless it's proven to be a complete dead duck for them? Seems very strange that the consortium hasn't been more proactive here.
Unless it's proven to be a complete dead duck for them? Seems very strange that the consortium hasn't been more proactive here.
Jan 13, 2020, 2:17 am
#524
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Fair point.
Stobart has its own problems with money at the moment but I think it may be confined to the road haulage division rather than the group as a whole. Even so, probably not a good time to be splashing out.
Stobart has its own problems with money at the moment but I think it may be confined to the road haulage division rather than the group as a whole. Even so, probably not a good time to be splashing out.
Jan 13, 2020, 2:21 am
#525
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