Thomas Cook share price
Under the stewardship of its abysmal new CEO, Thomas Cook's value has been trashed down from about £3bn to £450m in just 6 months, back near the level where it nearly went bust in 2012, but this time without Harriet Green and David Cameron to come to the rescue. The airline side did quite well, so it's sad that it was undone by lousy corporate strategies like the co-op stores, and a general failure to bring the sales interface into the 21st century (the feeble excuse, blaming warm weather convinced nobody, most especially not in the city).
Anyway, an opportunistic takeover looks likely. Could be the Chinese fund who already hold 10% and have professed an interest in taking more, or could be another airline. Any thoughts what that could mean for the crews?
Last edited by Sick; 3rd Dec 2018 at 16:19.