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Thomas Cook-2

Old 16th Oct 2019, 13:52
  #1521 (permalink)  
 
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Originally Posted by Wickerbill View Post
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 must agree. People are always quick to blame the Chief Exec, but I'm sure some of you recall the emotional footage of Peter on the 'doomsday' when it became clear that TC could not continue.

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.
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Old 16th Oct 2019, 19:41
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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
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Old 17th Oct 2019, 13:05
  #1523 (permalink)  
 
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According to Planespotters, all 6 A320's for Thomas Cook Balearics will transfer to Condor
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Old 17th Oct 2019, 14:34
  #1524 (permalink)  
 
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Any info on the fate of Palma based crew?
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Old 17th Oct 2019, 23:46
  #1525 (permalink)  
 
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Originally Posted by MKY661 View Post
According to Planespotters, all 6 A320's for Thomas Cook Balearics will transfer to Condor
3 to Condor, 3 to Thomas Cook Aviation
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Old 18th Oct 2019, 13:24
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Originally Posted by ATIS View Post
Any info on the fate of Palma based crew?
Cabin crews have been absorbed either into Condor, and some are with Avion Express on temp contract.
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Old 1st Nov 2019, 17:48
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The name of the collapsed holiday firm Thomas Cook is to live on after the brand was bought up by the Chinese owner of Club Med for £11m. Fosun Tourism Group said the acquisition of "one of the most well-known tourism brands around the world" would enable it to expand its foothold in the travel business. According to the deal, the assets bought include the trademarks, domain names, software applications, social media accounts and licences relating to the 178-year-old British travel company.
The agreement comes after liquidators of Thomas Cook rebuffed an approach from rival TUI to buy the firm's internet domain name.
Sky News - Thomas Cook name to live on after £11m brand buyout by Fosun
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Old 1st Nov 2019, 20:04
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interesting article beside it too about TUI resuming Ssh Feb 2020...
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Old 2nd Nov 2019, 07:13
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Originally Posted by DanAir89 View Post

interesting article beside it too about TUI resuming Ssh Feb 2020...
SSH, that bit I can't wait for! Almost bought property there 15 years ago.
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Old 24th Jan 2020, 10:47
  #1530 (permalink)  
 
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Slightly surprised LOT owner the confirmed new investor in Condor.
Didnt really see LOT being a cash rich expander. Interesting to see what that might mean for future fleet purchases/renewals. A 787 in Condor would look smart...
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Old 25th Jan 2020, 17:22
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Glad Greybull assumed not to be involved in the final confirmed successful bid (those some saying they are?)
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Old 14th Mar 2020, 17:29
  #1532 (permalink)  
 
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Are the A330s still parked up ar Manchester?
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Old 14th Mar 2020, 17:46
  #1533 (permalink)  
 
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The one that was stuck in the hangar undergoing maintenance has now been flown to Copenhagen.
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Old 14th Mar 2020, 19:22
  #1534 (permalink)  
 
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Originally Posted by Scottie Dog View Post
The one that was stuck in the hangar undergoing maintenance has now been flown to Copenhagen.
which one was this plz?
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Old 14th Mar 2020, 19:24
  #1535 (permalink)  
 
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Originally Posted by jonnyrobbo View Post
Are the A330s still parked up ar Manchester?
Yes, G-OMYT, G-MLJL and G-MDBD are still parked up together at Manchester although they’ve now been moved over towards T2 on some new stands that have opened as part of the transformation programme.
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Old 14th Mar 2020, 20:16
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Originally Posted by jonnyrobbo View Post
which one was this plz?
It was OY-VKH.
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Old 15th Mar 2020, 14:30
  #1537 (permalink)  
zfw
 
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Originally Posted by EZY7117LPL View Post
Yes, G-OMYT, G-MLJL and G-MDBD are still parked up together at Manchester although they’ve now been moved over towards T2 on some new stands that have opened as part of the transformation programme.
Seemed to be some work going on, on the nearest to T2 this morning, not sure whether is was preparatory or just general.
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Old 19th Mar 2020, 07:33
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The National Audit Office (NAO) said the government had agreed to pay £83m towards the cost of getting customers back home, as well as £58m in redundancy and related payments. But the final cost is not yet known. Other costs include at least £15m for liquidating the business.
https://www.bbc.co.uk/news/business-51955635
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Old 2nd Apr 2020, 17:51
  #1539 (permalink)  
 
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Thomas Cook Aviation in Germany has filed for bankruptcy after Condor cancelled the flying contract for S20
https://www.aviation24.be/airlines/t...or-bankruptcy/
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Old 13th Apr 2020, 15:38
  #1540 (permalink)  
 
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curtains for Condor as LOT pull out of buyout...
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