Thomas Cook-2
Join Date: Nov 2011
Location: Newcastle
Age: 48
Posts: 35
Likes: 0
Received 0 Likes
on
0 Posts
Good luck to Hays with taking on these stores. I don't expect all of them to stay open due to some of them only being doors away from existing Hays Travel stores, but it's a big vote of confidence in the High Street to be taking on a large amount of real estate in a time when most others are retreating. I do hope many of the former store staff who are yet to find work are taken on again.
The Metrocentre already has a Hays travel shop & 2 Thomas Cook shops that are less than a 60 second walk from each other
Join Date: Aug 2013
Location: Newcastle Upon Tyne
Posts: 948
Likes: 0
Received 0 Likes
on
0 Posts
I will second that , i really do hope that Hays Travel make this work. I know i said yesterday that it was the stores that brought TC down & i still believe that they did , Going Places & the takeover of the co-op travel group left them with too many stores. Hays will be making store closures in the coming months , there's no doubt about it.
The Metrocentre already has a Hays travel shop & 2 Thomas Cook shops that are less than a 60 second walk from each other
The Metrocentre already has a Hays travel shop & 2 Thomas Cook shops that are less than a 60 second walk from each other
Join Date: Feb 2018
Location: Wolverhampton
Posts: 0
Likes: 0
Received 0 Likes
on
0 Posts
I guess it all depends WHO was to pay for this maintainance - TCX or TC Scand.
I assume the Administrators have a 'lien' on it on behalf of ex-TCX for work done fiforr TC Scand.
Unless its its a real 'dog' on a 'C' it must be worth more to finish the work off and sell the airfame a 'going concern'.
Join Date: Oct 2005
Location: Leeds, UK & Cork, Ireland
Posts: 1,080
Likes: 0
Received 0 Likes
on
0 Posts
at 19 yrs, it's not OLD old - just middle aged.
I guess it all depends WHO was to pay for this maintainance - TCX or TC Scand.
I assume the Administrators have a 'lien' on it on behalf of ex-TCX for work done fiforr TC Scand.
Unless its its a real 'dog' on a 'C' it must be worth more to finish the work off and sell the airfame a 'going concern'.
I guess it all depends WHO was to pay for this maintainance - TCX or TC Scand.
I assume the Administrators have a 'lien' on it on behalf of ex-TCX for work done fiforr TC Scand.
Unless its its a real 'dog' on a 'C' it must be worth more to finish the work off and sell the airfame a 'going concern'.
Join Date: Nov 2006
Location: Northern Ireland
Posts: 2,782
Likes: 0
Received 0 Likes
on
0 Posts
Do we know if this was an owned or leased? If its a leased aircraft the decision to pay, or not to pay, for maintenance to be completed will be the lessor. One would assume they want their asset back. The A332 isn't massively desirable, the A333 is preferred. With new generation 787 and A350 now coming on-line in significant numbers and rumors that Boeing has a significant number of potential 787-9 white-tails these aircraft may be worth more as parts, than in one piece, a number of young 737-700s and A319s have been scrapped for parts. Strange but true.
I wouldn't be so sure that a 332 even of this vintage wouldn't be so desirable. There isn't huge availability of 330's on the market (agreed that 333 is far more desirable), besides repayments on a lease on a second hand 330 could be in the range of 25% of the ongoing cost of a new 787/350. Not all carriers are well placed to access new machines either. Finally to say the case for a new 787/350 stacks up on longer sectors, probably in excess of 8/9 hours. Aer Lingus is a good case in point. They ditched 350 orders in favour of 330 family. In their case while 333 is preferred, the 332 is a great plane for new and developing routes.
Join Date: May 2019
Location: Uk
Posts: 241
Likes: 0
Received 0 Likes
on
0 Posts
Oy-vkh is a 300. But at nigh on 20 years old at the utilisation that the likes of thomas cook usually achieve. It's probably well north of 80-90 thousand hours. So not surprising it's being parted out really.
Paxing All Over The World
Staff back at work in former Thomas Cook shops
BBC
I am glad that Hays have taken some staff on but they must look to the future and plan for fewer shops. The top and bottom of the market may still continue to use shops but (my guess) 80%+ of the market will not. The Internet has been around in a mass market way for 20+ years and the folks who like to use shops declines with every season.
Last month, tour firm Thomas Cook went out of business, putting 9,000 jobs in the UK at risk. But Hays Travel has taken over its 500-plus travel shops and says it will continue to employ up to 2,500 of the people who work in them.
Join Date: May 2011
Location: Hampshire
Age: 76
Posts: 821
Likes: 0
Received 0 Likes
on
0 Posts
I watched the Thomas Cook "culprits" being grilled by the Business etc committee this morning and they were put through the mill. Rachel Reeves at one point virtually accused them of fiddling the books by moving items such as the massive debt to a part of the accounts where they would not spoil a rosy glow the accounts out on their annual figures. The debts were in the accounts but were not deducted from the bottom line.
At one point she told the Board members that she had heard them say "Sorry" quite enough and didn't want to hear it any more. She wanted answers to questions about how they conducted business.
It was a shame the TV coverage didn't go on longer as the TC Board were getting a thorough savaging from all members of the committee.
At one point she told the Board members that she had heard them say "Sorry" quite enough and didn't want to hear it any more. She wanted answers to questions about how they conducted business.
It was a shame the TV coverage didn't go on longer as the TC Board were getting a thorough savaging from all members of the committee.
Join Date: Jul 2002
Location: Lichfield UK
Posts: 164
Likes: 0
Received 0 Likes
on
0 Posts
[QUOTE=KelvinD;10594942]...It was a shame the TV coverage didn't go on longer as the TC Board were getting a thorough savaging from all members of the committee.[/QUOTE
You can watch it again on Parliament TV, in all of its glory. [Link]
https://parliamentlive.tv/Event/Inde...6-24f05783aa0d
You can watch it again on Parliament TV, in all of its glory. [Link]
https://parliamentlive.tv/Event/Inde...6-24f05783aa0d
Join Date: Apr 2008
Location: iom
Posts: 112
Likes: 0
Received 0 Likes
on
0 Posts
[QUOTE=RealFish;10594947]
The full version is also being shown on BBC Parliament this evening so will be available on the iPlayer
...It was a shame the TV coverage didn't go on longer as the TC Board were getting a thorough savaging from all members of the committee.[/QUOTE
You can watch it again on Parliament TV, in all of its glory. [Link]
https://parliamentlive.tv/Event/Inde...6-24f05783aa0d
You can watch it again on Parliament TV, in all of its glory. [Link]
https://parliamentlive.tv/Event/Inde...6-24f05783aa0d
The full version is also being shown on BBC Parliament this evening so will be available on the iPlayer
Join Date: Nov 2004
Location: scotland
Posts: 760
Likes: 0
Received 0 Likes
on
0 Posts
Join Date: Apr 2010
Location: Under a Rock
Age: 54
Posts: 86
Likes: 0
Received 0 Likes
on
0 Posts
The Select Committee hearing was no more than a public telling-off for the former board of Thomas Cook. A number of the panel, and in particular the Chair (Reeves), just kept asserting their pre-determined view and in many cases appeared not to listen or accept, even to a degree, the answers they were given. I do question the relevance of such an enquiry.
Join Date: May 2011
Location: IOM
Posts: 967
Likes: 0
Received 0 Likes
on
0 Posts
The Select Committee hearing was no more than a public telling-off for the former board of Thomas Cook. A number of the panel, and in particular the Chair (Reeves), just kept asserting their pre-determined view and in many cases appeared not to listen or accept, even to a degree, the answers they were given. I do question the relevance of such an enquiry.
I would argue that as a man who took most of his bonus in shares and looking at his remuneration package over the past three years, he was actually underpaid given the size of the business. He could have easily jumped elsewhere for more money.... but he didn't. The fact is, to attract quality management, you have to pay the right price. Just because there's huge disparity between that and a basic staffers salary does not mean that it's unfair he received it. But alas it's not unusual in this situations for the top management to get swords thrown at them from all angles and I'm certain based on my knowledge that the committee has two angles of attack. 1) A Labour party that wants to be the 'party of the people' and 2) A Conservative party that wants to shift away the notion that the Gov could have done more.
Join Date: Mar 2013
Location: UK
Posts: 412
Likes: 0
Received 0 Likes
on
0 Posts
Bidding has closed in the Thomas Cook slot auction. This includes 15 slot pairs at LGW.
https://news.sky.com/story/thomas-co...slots-11837155
https://news.sky.com/story/thomas-co...slots-11837155