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Old 17th November 2003 | 22:47
  #118 (permalink)  
LIMA OR ALPHA JUNK

15 Anniversary
 
Joined: Aug 2010
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From: BHX
Prince of Darkness,

I believe the number is 13 757's as previously stated on this thread.

TCX UK has been turned round due to enforced cost savings of £140m that were implememented in the main by a small egyptian fella who, whilst being universally unpopular, got the job done. I'm not sure where these enormous writedowns you refer to come from.

Spy,

That may well be the case. Who knows ? All I do know is that the UK operation has operated profitably whilst MYTs has not this year. Cost cutting and capacity reduction appears to have worked at TCX UK and has worked at other tour operators. Lets hope that MYT management can sort out their long term financing and return to a profitable business model in the UK.

Last edited by LIMA OR ALPHA JUNK; 17th November 2003 at 22:59.
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