It’s been widely reported that Lufthansa and Air France KLM are in talks to buy Flybe out of administration after it went bust for the second time in three years.
According to This is Money, the two airline groups are interested in the carrier's seven pairs of take-off and landing slots at Heathrow and five at Amsterdam's Schiphol airport.
Sources told The Sunday Telegraph that Flybe's administrators Interpath have just days to agree to a rescue that would avoid the business being wound up.
It was reported that any buyer would have to take on the whole of the business, including its liabilities and assets such as the landing slots, but if a buyer is not found, the slots may be returned to a central pool run by the airport co-ordinator.
A spokesman for the administrators said they remained in active discussions with credible parties.
Meanwhile, Simple Flying reports that on Wednesday, February 8, the UK Civil Aviation Authority announced that the administrators had applied for a temporary air operator certificate, however, if successful, this won’t mean the airline's flights would resume right away, but rather give the administrators a chance to get the carrier on solid footing.
