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Old 28th Dec 2011, 16:00
  #166 (permalink)  
macdo
 
Join Date: Dec 2008
Location: uk
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pretty standard for flights to be half empty or less at certain times of the year, been that way for years, I did half a dozen TCX flights in the run up to Xmas with no seats available on the flight. Neither of these things means anything, the key for IT is turning a profit on the package, not putting just bums on seats. That policy bankrupted MyTravel, basically not knowing what their profit margin was. In actuality, the margin was non-existent and each holiday was actually sold at a loss. TCGroup are a bit smarter than that, but have been stuffed by greed and arrogance in the boardroom. Hmm, heard that before. The question is now, whether the rest of the profitable group can sustain the loss making UK while we take our pain, then (if) when we recover, can the UK operation support the storm approaching the currently profitable European Operations, whose turn it will be as sure as night follows day when the Euro implodes.
Definately a year to keep the CV up to date! GL all for 2012.
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