Thread: Thomas Cook-2
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Old 23rd Sep 2019, 09:52
  #1312 (permalink)  
Join Date: Mar 2003
Location: Europe
Posts: 1,985
Originally Posted by 116d View Post
I'd say at this time people's jobs and livelihoods are more of an immediate concern for the German government here than the climate strike brigade, as well as ensuring no holidaymakers are stranded (or at least they should be).
Big differences as far as the AB collapse is concerned:
- AB was weeks before a general election and a much bigger media event (the Thomas Cook drama has gone largely unnoticed in Germany, unlike in the UK)
- AB was before climate strikes etc. You will be aware of the fact that the German government just last week decided to introduce additional taxes on flight tickets to discourage people from flying across Europe for a tenner.
- AB was much bigger fish in the pan
- AB's collapse, just as the recent insolvency of Germania, has not resulted in market disruption, so politicians will see less need to do something as the market sorted itself out after AB and ST.
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