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Old 17th Sep 2019, 17:03
  #666 (permalink)  
Jonty
 
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Originally Posted by pholling


To some extent that would depend on the rules in each of the other jurisdictions regarding AOCs and insolvency. However, if the AOC of the UK airline is suspended they will have to immediately sell their slots or lose them. This means they could not easily return to the same operations in the UK once they regained their AOC. Further, last minute transfers of ownership to other airlines in the group would probably be “frowned upon”.
Not sure any of that is true.
Aircraft and staff are transferred between the group AOCs with relative ease throughout the year. Also AOCs and slots have very little to do with ownership.
Thomas Cook has been using BA slots at LGW all year, and Condor used Thomas Cook slots at Gatwick and Manchester last year.

Whatever happens, if a pre pack is deemed the best way to go, bigger legal brains than mine will be bought to bear on the issue.
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