August 12, 2008 at 1:23 am
How does a travel company (eg Thomson, First Choice) obtain its own airline? Is it the same procedure as starting an airline independantly? Do they lease the planes or buy them?
By: cal900 - 12th August 2008 at 02:05
Thomson and First Choice are part of same company now (TUI Group).
Anyway Britannia Airways a charter airline were rebranded as Thomsonfly in 2005. They were both owned by the TUI Group.
Thomas Cook Airlines started as JMC Airlines which came about through a merger of Caledonian Airways and Flying Colours both charter airlines.
In essence they buy charter airlines.