Flybe in talks over Gatwick slots

14 May 2013 by GrahamSmith

Flybe has admitted that it is in talks with other airlines about selling its slots at Gatwick.

The regional airline did not confirm which carriers it was negotiating with, but it is believed that Easyjet is involved in the discussions.

Flybe, which has been forced to issue a succession of profit warnings over the last year, has 25 slots at the Sussex airport. The regional carrier is currently restructuring its struggling UK operation including the loss of 300 jobs.

Flybe said in a statement: “Flybe notes the recent speculation in the press. The board announces that it is in discussions with a number of parties which may or may not lead to a transaction regarding the exchange for compensation payment of the arrival and departure slots at Gatwick airport.

“Discussions are on-going and there can be no certainty as to whether any transaction will be forthcoming. A further announcement will be made as soon as appropriate.”

Last week, the carrier announced that passengers can now guarantee ticket prices on the airline’s website for up to 24 hours. The “Price Lock-Down” service allows customers to pay a fee to freeze any quoted fare at for a day (see online news, May 10).

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Report by Rob Gill

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