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0 pointsmhandley6y ago0 comments

Almost all of their aircraft are leased, not actually owned by them. In the short term, they'll probably be impounded by the airports they're currently at, pending payment of landing fees.

https://www.planespotters.net/airline/Thomas-Cook-Airlines

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Scoundreller6y ago

And there’s no shortage of airlines willing to pay top-dollar to charter a fleet ready-to-go yesterday.

No way the lessors will say “sure, keep using them for a while, just us pay in advance”.

The 737MAX grounding had big knock-on effects.

I just paid 30% more than I usually do for TATL tickets, for bloody November.

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