8th Nov 2019 10:24
(Alliance News) - easyjet PLC said Friday it has acquired airport slots of now-defunct travel firm Thomas Cook Group for GBP36 million in total.
The FTSE 250-listed airline said it was awarded 12 summer slot pairs and eight winter slot pairs at Gatwick Airport, and six summer slots pairs and one winters lot pair at Bristol Airport.
Thomas Cook collapsed into bankruptcy in September after failing to secure a USD250 million funding package. Chinese conglomerate Fosun International Ltd snapped up the Thomas Cook brand for GBP11 million in November.
easyJet said it will publish its annual results on November 19.
Shares in easyJet - which is headquartered in Luton - were down 1.1% at 1,323.50 pence on Friday in London.
By Dayo Laniyan; [email protected]
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