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Old 28th Nov 2018, 01:18
  #239 (permalink)  
Sharklet_321
 
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All names taken:

Firstly the staff would have been kept fully informed of the financial performance of the business ahead of anything being released to the stock exchange/media. They already know that bonuses will be much reduced this year (or nil) as a result. If not thats a whole other story.

Secondly, the very public 'alarm' was raised by Thomas Cook themselves (not my post!) with a 2nd profit warning. The share price is also public knowledge and has fallen over 70%. Similar falls to Flybe (between 70-90%).

Let's not pretend there are no weeds. There is good reason for Thomas Cook to put the airline part of their business up for sale for their shareholders who are seriously pissed off with a 2nd profit warning and have seen the performance of the airline part of the business gradually reducing in line with more intense competition and sensitivity to weather.

I want to see a Thomas Cook that competes more effectively with the likes of Jet2 and Jet2 Holidays and right now this is not happening.
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