The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksDTG.L Share News (DTG)

  • There is currently no data for DTG

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

British Airways launches new Turkish route after Thomas Cook collapse

Wed, 09th Oct 2019 16:25

LONDON, Oct 9 (Reuters) - British Airways announced the
launch of a new flight from London's Gatwick Airport to the
Turkish resort of Antalya on Wednesday, once one of Thomas
Cook's most popular routes, as airlines jostle to fill the void
left by its collapse.

British Airways, owned by IAG, said that the
six-per-week service would begin on April 30 2020, and also
promoted the flight with a British Airways Holidays offer.

Thomas Cook collapsed last month, with its UK business
entering liquidation. Antalya and Dalaman in Turkey were Thomas
Cook Airlines' most popular destinations for British travellers,
according to data from airline database Cirium.

"Holiday makers can look forward to another option when
flying to Turkey with British Airways next summer," said Adam
Carson, BA's managing director of Gatwick.

A spokeswoman for British Airways said that the route
announcement had been a long time coming and was not connected
to Thomas Cook's failure.

But its collapse has seen airlines exploring how they can
replace Thomas Cook's capacity to holiday destinations or buy
its slots at airports like Gatwick or Manchester.

Turkey's Tourism Minister said last month that easyJet and
Dart Group's Jet2.com would join BA in boosting their flight
numbers to Turkey, adding that Turkey will be able to make up
for the shortfall in tourist numbers after Thomas Cook's
failure.

EasyJet Chief Executive Johan Lundgren has said the
airline is looking at Thomas Cook's assets, although it is not
interested in buying Condor, Thomas Cook's German airline, which
is still operating and has been offered a bridging loan by the
German government.

A spokesman for AlixPartners, which is handling the
liquidation of Thomas Cook's UK airline and tour operator, was
not immediately available to comment on whether there had been
bids for Thomas Cook's airport slots.

Ryanair boss Michael O'Leary has expressed interest in
taking on some of Thomas Cook's leased Airbus planes and pilots,
but also said that the airline group is not interested in taking
on Condor.

(Reporting by Alistair Smout in London and Laurence Frost in
Paris; editing by Emelia Sithole-Matarise)

More News
21 Nov 2019 09:38

UK BROKER RATINGS SUMMARY: UBS High On Glaxo, Deutsche Down On Aviva

UK BROKER RATINGS SUMMARY: UBS High On Glaxo, Deutsche Down On Aviva

Read more
14 Nov 2019 16:05

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
8 Nov 2019 10:58

UPDATE 2-EasyJet, Jet2.com buy Thomas Cook's UK airport slots

(Recasts with slots sold to Jet2.com)LONDON, Nov 8 (Reuters) - British budget airlines easyJet and Jet2.com have bought the take-off and landing slots of failed travel company Thomas Cook at London Gatwick and Manchester airports, respectively.Tho...

Read more
8 Nov 2019 10:06

EasyJet, Jet2 buy Thomas Cook airport slots

(Sharecast News) - Thomas Cook's slots at Gatwick and Bristol airports have been sold to EasyJet for £36m, while Jet2 has bought its slots at Manchester, Birmingham and London Stansted airports for an undisclosed sum.

Read more
18 Oct 2019 16:06

UK Dividends Calendar - Next 7 Days

UK Dividends Calendar - Next 7 Days

Read more
15 Oct 2019 12:47

Tuesday broker round-up

(Sharecast News) - Ocado: JP Morgan downgrades to underweight with a target price of 1,050p.

Read more
11 Oct 2019 11:13

Thomas Cook collapse boosts Dart Group demand

(Sharecast News) - Shares of Dart Group surged on Friday as the Jet2 owner said full-year profit is set to top current market expectations following the collapse of rival Thomas Cook.

Read more
11 Oct 2019 10:28

UK WINNERS & LOSERS SUMMARY: Publicis Sales Warning Sinks WPP

UK WINNERS & LOSERS SUMMARY: Publicis Sales Warning Sinks WPP

Read more
11 Oct 2019 09:07

UPDATE 2-UK stocks rally as Brexit deal hopes grow; mid-caps soar 2%

* FTSE 100 up 0.3%, FTSE 250 up 1.9%* Brexit deal hopes lift sterling, housebuilders, banks* Sino-U.S. talks also support wider sentiment* WPP, Burberry fall after European rivals cut forecast* Dart Group climbs higher after hiking profit view (Adds...

Read more
11 Oct 2019 09:07

UPDATE 1-FTSE falters as Brexit hopes lift pound; domestic stocks rejoice

* FTSE 100 down 0.3%, FTSE 250 up 0.8%* Brexit deal hopes lift sterling, hit exporters* Housebuilders, UK banks jump* WPP, Burberry fall after European rivals cut forecast* Dart Group climbs higher after hiking profit view (Adds news items, analyst ...

Read more
11 Oct 2019 08:36

LONDON MARKET OPEN: Housebuilders Climb Amid Brexit Deal Hopes

LONDON MARKET OPEN: Housebuilders Climb Amid Brexit Deal Hopes

Read more
11 Oct 2019 07:44

UPDATE 2-Dart Group sees demand boost after Thomas Cook collapse

* Co sees FY pretax profit ahead of expectations* Co sees stronger demand for package holiday business* Shares rise almost 13% (Adds shares, analyst comment, estimates, TUI outlook, background)By Tanishaa NadkarOct 11 (Reuters) - Dart Group, the ow...

Read more
11 Oct 2019 07:44

UPDATE 1-Thomas Cook collapse boosts demand for Dart Group's holiday business

(Adds details on outlook, Thomas Cook liquidation, expected share move, background)Oct 11 (Reuters) - Dart Group, the owner of British airline and tour operator Jet2, said it had seen stronger demand for some of its products since Thomas Cook ente...

Read more
11 Oct 2019 07:43

Dart Group Sees Increased Demand Following Thomas Cook's Collapse

Dart Group Sees Increased Demand Following Thomas Cook's Collapse

Read more
11 Oct 2019 07:39

LONDON MARKET PRE-OPEN: Jupiter And Man Group Post Quarterly Outflows

LONDON MARKET PRE-OPEN: Jupiter And Man Group Post Quarterly Outflows

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.