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Old 6th Oct 2001, 15:37
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euroboy
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Thomas Cook have announced 500 redundancies today, due to customers cancelling holidays or not booking.
Most people are travelling at the moment with holidays booked a while back.

I think people will go on holidays to the Med-mainly Spain and Portugal, Canaries.
The long haul charter market will down turn.
Most customers are only cancelling holidays to Egypt, Middle East destinations.
Thomas Cook was slight different to other Travel Agents in the UK, in the fact they employed Admin. staff to deal with the "backroom" work such as filling, dealing with paperwork from the tour ops. This work will be done by the Sale Consultants as with the other Travel Agents.