British budge airline EASYJET has bought the flight slots of failed Thomas Cook at London Gatwick and Bristol airports for 36 million pounds,
The 178 year old travel company, Thomas cook went into insolvency when it collapsed on 22 September 2019.
The deal increases 12 more summer take off and landing slots and 8 more winter slot pairs at Gatwick and 6 more summer slots and one extra winter slot pair at Bristol for EasyJet.
Jet2.com bought Thomas Cook’s landing slots at Manchester, Birmingham and Stansted airports.
Airport landing and takeoff slots allow will allow an airline to schedule more flights.
The Thomas Cook Group’s airline division operated as one operating segment, the Thomas Cook Group Airlines (TCGA) with the fleet of 105 aircraft.