Originally Posted by
Joe le Taxi
The obvious solution is to have a fire sale of the slots prior to pulling the plug, but it would be tricky to convincingly keep the airline solvent while doing this.
If I were a bondholder, I would only accept this proposal if there were an irrevocalbe offer from some other airline to buy those slots for a given price. Knowing the LGW slot market, I'd dare say such an offer is probably on the table.