This is a short-term panic decision if there ever was one.
First, what are the synergies between Britannia/TUI and owning CVT apart from the TOM operation? (None)
2. If it was a planned move it would have been completed more than 6 weeks in advance of the launch date.
3. There has been debate on these boards about the viability of operating 737-500s from CVT. Any hope of fully laden 757-200s?
(No)
4. HLX has not been a runaway success (its debut at LTN was little short of disastrous). TUI management can't afford any more fiascos like that!
5. In the event that TOM is successful, will CVT ever be able to be more than a minor base for a few 737s? An operation the size of EZY at LTN (14 aircraft based?) would require many more quick turn-round stands, a much larger terminal together with car parking, bus services, and a cash machine. Judging by local opposition to the current limited plans, they will only be constructed after a major battle.
Sorry to sound negative, but I'm a doubter.