FRANKFURT, Feb 4 (Reuters) – Lufthansa (LHAG.DE) and Air France-KLM (AIRF.PA) are circling collapsed UK regional airline Flybe to attempt to acquire its take-off and touchdown slots at London’s Heathrow Airport, Britain’s Telegraph newspaper reported on Saturday.
Lufthansa and Air France-KLM declined to remark.
The Telegraph mentioned the 2 airways have been in talks with the directors of Flybe, which every week in the past ceased buying and selling and went into insolvency for the second time in three years, with all flights cancelled and 276 staff made redundant.
Directors from Interpath Advisory might have simply days to comply with a rescue that might keep away from the enterprise being wound up, the newspaper mentioned, citing sources in London’s monetary neighborhood.
Lufthansa and Air France-KLM are excited about Flybe’s seven pairs of take-off and touchdown slots at Heathrow and 5 pairs at Amsterdam’s Schiphol airport, the report mentioned.
Suitors would wish to tackle lots of the bankrupt airline’s liabilities in addition to the doubtless profitable property, it quoted one supply as saying.
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If a purchaser for Flybe can’t be discovered it’s probably that the slots can be returned to a central pool run by the airports coordinator, it mentioned.
Reporting by Ilona Wissenbach
and Camille Raynaud
Writing by Vera Eckert
Enhancing by Mark Potter
: .
