London Daily

Focus on the big picture.
Friday, Jun 20, 2025

EasyJet and Jet2 buy Thomas Cook airport slots

EasyJet and Jet2 buy Thomas Cook airport slots

Slots at Gatwick, Bristol, Manchester, Birmingham and Stansted are bought as the travel firm is dismantled.

EasyJet and Jet2.com have bought all of the take-off and landing slots owned by collapsed travel firm Thomas Cook in UK airports.

The slots at London Gatwick and Bristol were bought by EasyJet for £36m, the government's liquidation service said.

Jet2.com has bought slots at Manchester, Birmingham and Stansted airports for an undisclosed amount.

Thomas Cook's UK business and airline entered insolvency in September, when a court appointed an official receiver.

EasyJet bought 12 summer take-off and landing slots, called pairs, at Gatwick and eight winter slot pairs.

It also bought six summer slot pairs and one winter slot pair at Bristol.

The slots will expand the airline's presence at each airport.

Gatwick says it is working with EasyJet to try out new ways to board passengers at the London airport.

These include boarding people in window seats first, starting at the back, followed by middle then aisle seats.


High demand

Gatwick said different boarding methods could reduce the journey from airport gate to seat by about 10%.

Take-off and landing slots can be highly sought after by carriers, as a lack of new runways in the UK has kept their supply low. In 2016, Oman Air paid $75m (£59m) for a single pair of slots at London Heathrow, according to The Times.

Last month, the receiver sold all 555 Thomas Cook retail outlets to Hays Travel, saving up to 2,500 jobs.

The independent travel agent said the move gave it shops in areas where it had little or no presence, including Scotland and Wales.

Thomas Cook's Condor airline in Germany was rescued with the help of a loan from the German government.

Its Nordic business was bought last month by Norwegian billionaire Petter Stordalen and private equity firms Altor and TDR Capital.

Stordalen's Strawberry group and Altor took a 40% stake, with TDR Capital buying the remaining 20%.

The deal for Thomas Cook Northern Europe saved 2,300 jobs.

Newsletter

Related Articles

0:00
0:00
Close
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
Plans to Sell Dutch Embassy in Bangkok Face Local Opposition
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump's $5 Million 'Trump Card' Visa Program Draws Nearly 70,000 Applicants
DGCA Finds No Major Safety Concerns in Air India's Boeing 787 Fleet
Airlines Reroute Flights Amid Expanding Middle East Conflict Zones
Elon Musk's xAI Seeks $9.3 Billion in Funding Amid AI Expansion
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Taiwan Imposes Export Ban on Chips to Huawei and SMIC
Israel has just announced plans to strike Tehran again, and in response, Trump has urged people to evacuate
Netanyahu Signals Potential Regime Change in Iran
Juncker Criticizes EU Inaction on Trump Tariffs
EU Proposes Ban on New Russian Gas Contracts
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
UK Home Secretary Apologizes Over Child Grooming Failures
Trump Organization Launches 5G Mobile Network and Golden Handset
Towcester Hosts 2025 English Greyhound Derby Amid Industry Scrutiny
Gary Oldman and David Beckham Knighted in King's Birthday Honours
Over 30,000 Lightning Strikes Recorded Across UK During Overnight Storms
Princess of Wales Returns to Public Duties at Trooping the Colour
Red Arrows Use Sustainable Fuel in Historic Trooping the Colour Flypast
Former Welsh First Minister Addresses Unionist Concerns Over Irish Language
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
France Bars Israeli Arms Companies from Paris Defense Expo
King Charles Leads Tribute to Air India Crash Victims at Trooping the Colour
Jack Pitchford Embarks on 200-Mile Walk to Support Stem Cell Charity
Surrey Hikers Take on Challenge of Climbing 11 Peaks in a Single Day
UK Deploys RAF Jets to Middle East Amid Israel-Iran Tensions
Two Skydivers Die in 'Tragic Accident' at Devon Airfield
Sainsbury's and Morrisons Accused of Displaying Prohibited Tobacco Ads
UK Launches National Inquiry into Grooming Gangs
Families Seek Closure After Air India Crash
Gold Emerges as Global Safe Haven Amid Uncertainty
Trump Reports $57 Million Earnings from Crypto Venture
Trump's Military Parade Sparks Concerns Over Authoritarianism
Nationwide 'No Kings' Protests Challenge Trump's Leadership
UK Deploys Jets to Middle East Amid Rising Tensions
Trump's Anti-War Stance Tested Amid Israel-Iran Conflict
Germany Holds First Veterans Celebration Since WWII
U.S. Health Secretary Dismisses CDC Vaccine Advisory Committee
Minnesota Lawmaker Melissa Hortman and Husband Killed in Targeted Attack; Senator John Hoffman and Wife Injured
Exiled Iranian Prince Reza Pahlavi Urges Overthrow of Khamenei Regime
×