Yes the company is in a pretty bad way but I'd be willing to wager my house on Thomas Cook still being around in ten years time.
Although bookings are reported to be down looking at a 2 week snap shop compared to last year, bookings for the summer had been ahead of schedule in October, November and December. Combine that with the fact they have reduced the number of holidays they had to sell they are pretty much in line with last year in terms of the percentage of holidays they have left to sell.
Having been made redundant twice in the last 9 years it really aggravates me when people seem to revel at the prospect of the demise of a company and the fact that thousands of people will lose their jobs.
I really fail to see how a comment like "its only a matter of time" is even worth posting. Its hardly constructive is it?!