Thread: Thomas Cook-2
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Old 23rd Sep 2019, 09:57
  #1315 (permalink)  
Join Date: Jul 2016
Location: West Midlands
Posts: 5
Originally Posted by virginblue View Post
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.
I think you'll find it's absolutely front page news in Germany: the main broadcaster ARD has it as their lead story. Can't post URLs yet sorry but search and you'll find it
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