As long as TUI fiddle the figures to make sure the acquisition of CVT does not fall into the start-up costs of Thomsonfly.com, then I see it working. If however the costs of buying the airport eventually get passed on to the Thomsonfly.com start-up costs or even heaven forbid get passed on to the passenger tickets then I see it as the most expensive start-up in aviation history.
Sounds to me that TUI have been forced to buy CVT in order to start-up at CVT, surely as wiser move would have been to jump in at LTN where they have their main base and the market can take more traffic from LTN as NOW seem to be foundering and not getting started at LTN. Someone at Thomsonfly.com/TUI hasn't been watching the developments at NOW close enough. What a missed opportunity.
Maybe TUI should invest in NOW at LTN and launch both airlines eventually dumping the one that doesn't work-My bet would be on LTN/NOW working as long as properly funded, which at the moment NOW isn't.