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Thomas Cook: Insolvency

Department for Transport written question – answered on 31st October 2019.

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Photo of Baroness Doocey Baroness Doocey Chair, Finance Committee (Lords)

To ask Her Majesty's Government what steps they are taking, if any, to ensure that there is a competitive and fair purchasing process for Thomas Cook's former airline routes.

Photo of Baroness Doocey Baroness Doocey Chair, Finance Committee (Lords)

To ask Her Majesty's Government what steps they are taking, if any, to ensure that there is a competitive and fair purchasing process for Thomas Cook's former landing and take-off slots at Gatwick Airport.

Photo of Baroness Vere of Norbiton Baroness Vere of Norbiton Parliamentary Under-Secretary (Department for Transport)

The Official Receiver’s duty is to realise assets to maximise returns to creditors. This involves selling viable parts of the Thomas Cook business, any discussions remain confidential between the Official Receiver and interested parties.

The UK Government is not involved in decision making in relation to the allocation of airport slots.

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