Dash-Head.
Its interesting to hear your points. All of which I agree with. Of course, just because MyTravel/TCX want to buy First Choice (with or without part of/all of the airline) doesnt mean that it will definately go through. Alot of people have to agree (shareholders) that it is in their interests. They have to believe that the 50m profit that the mainstream devision is posting year on year will not continue and that it is more in their interests to cut their losses now and sell. It should also be noted that First Choice are rather enjoying snapping up company's left right and centre, has anyone thought about the possibility of a reverse take over? Ie; FC buying MYT? Or Thomas Cook, although that seems infinitely more unlikely. Have MYT even got the financial ability to buy 500m worth of company - especially since through their own doing (releasing information to the Times), they have helped increase First Choice's share price 20% or so!?
On the point of selling 'part of the airline', and we can only guess at that being the short haul operation. How do First Choice think they will sell their long haul holidays should they flog all the shops too? Doesnt seem particularly likely that they would only keep some?! What does anyone else think?
An interesting situation, and one cant help thinking 'i wish MYT could have kept this quiet' - ignorance is bliss after all.
PS: This is a thread about Thomas Cook Morale - apologies for making it one about First Choice Morale!