Flybe in talks over selling Gatwick slots

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UK regional carrier Flybe has confirmed it is holding talks with "a number of parties" over its slots at London Gatwick, after media reports that EasyJet is among the airlines it is talking to about selling some of its slots at the south London airport.

Following a report in UK weekly the Sunday Times, Flybe this morning issued a stock market statement saying 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"

The carrier says discussions are on-going and there can be no certainty as to whether any transaction will be forthcoming.

Flybe in January announced restructuring plans, including cutting 300 job cuts.

gatwick operators 
EasyJet is the largest carrier at Gatwick. Innovata schedules data shows EasyJet had more than 1,000 weekly frequencies from Gatwick in April, while Flybe is the third largest operator by capacity with 162 weekly frequencies. Scandinavian budget carrier Norwegian, which has just based three aircraft at Gatwick, is the fourth largest operator with 144 weekly flights.