From City AM:
Meanwhile, assets like its combined 560 take-off and landing slots at Gatwick and Manchester are likely to be snapped up by other airlines over the coming months.
In late 2017, British Airways bought 20 prime take-off and landing slots from collapsed airline Monarch at Gatwick and Luton. That deal was worth an estimated £60m.
Oh Dear
2 hours ago
4 comments:
Rents?
L, yes.
Aren't these usually auctioned? If a receiver takes over, how will they dispose of them? Quickly to get cash or properly to raise the maximum amount?
R, they are usually sold in the grey second hand market. Heck knows how it works. You can't leave the slots unused for too long or they lapse.
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