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Old 20th Aug 2010, 11:36
  #318 (permalink)  
exmuppet
 
Join Date: Jun 2008
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Albert

Your post is inaccurate and misleading :

Goldtrail - an independent company who's owner has apparently absconded, no doubt taking a large amount of dosh with him and dropping ALL the suppliers in the sh1t, GT had not paid for all their flights as this would be impossible, Goldtrail would have been contracted for seats until the end of Oct, which would have been planned into the flying programme, obviously no payment, no flying! thus the need to re-plan and potentially downsize - it is not rocket science.

Meridian / Viking - Standard practice for Airlines to use GSA's in the UK market. Look at the Monarch / First Aviation relationship.

Kiss - they didn't go bust taking all their peak bookings with them, the peak period this year has not materialised, this has already been stated publicly by Tui and Tcx and they have warned of result that are at the 'lower end of market expectations'. If the bookings do not come in, then unfortunately, it causes companies to fail, there has been a long string of them over the past year and, no doubt, more to follow.

The travel market is a very tough business to be in right now and yes tough decisions have to be made....

end!
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