British leisure carrier TUI Airways (BY, London Luton), having recently rebranded itself from Thomson Airways (London Luton), is also putting on more flights following the demise of Monarch Airlines (1968) (London Luton) earlier this month, but is not interested in bidding on the failed carrier's slots.

"We've increased our capacity since Monarch ceased trading," TUI's UK and Ireland Managing Director Nick Longman told Sky News. "But we think we can do that from the existing slots that we have, and from the slot allocation that's taking place at the moment."

Speaking at an event to celebrate the rebrand, Longman told Reuters that there is room for more flights in TUI's network.

"There will be an opportunity to look at putting some new routes on to the market. We've already done that a little for this winter," Longman said.

With an all-Boeing fleet of 65 aircraft, TUI serves 109 destinations in 37 countries.