Thomas Cook-2
Join Date: Feb 2017
Location: stamford
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So does the Uk side of the business go or everything with a Thomas cook logo ?
Hopefully the airline line side will be picked up and continue although that’s no comfort for what’s left of the 9000 staff.
Hopefully the airline line side will be picked up and continue although that’s no comfort for what’s left of the 9000 staff.
Join Date: Aug 2004
Location: Hemel Hempstead
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Each of the subsidaries will trade separately hence why a pilot going from Thomas Cook UK Ltd would transfer to Thomas Cook GMBH if going to Germany etc, names will not be correct but you get the idea.
When PLC / Holding company enters administration the court appointed people will seek to sell off whatever is trading as quickly as possibly with as little as disruption as possible (same with every administration). Simple reason for this is they need to be paid as well.
Anything that is unprofitable or has huge future liabilities will just be closed down quickly and everything disposed of quickly i.e. Landing slots, aircraft.
Join Date: Mar 2015
Location: Uk
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BBC update at 2304 on Thomas Cook
BBC television news reporting that no press release on Thomas Cooks trading position is. expected until after 0200 hours when most of fleet is on ground or inbound. BBC reiterating that Department of Transport ready for repatriation of clients if TCX goes into administration on Monday 23rd. Sky News reporting similar. Brink of collapse and could fold in hours according to BBC. Very sad news if confirmed. End of an era not helped by poor Board strategy over the last few years.
Join Date: Jul 2005
Location: UK
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It looks like The Independent may have jumped the gun a bit.
https://www.independent.co.uk/travel...16031.html?amp
https://www.independent.co.uk/travel...16031.html?amp
Join Date: Feb 2004
Location: Manchester, UK
Age: 51
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Join Date: Feb 2019
Location: london
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Apart from the Malaysian A380, there Doesn’t appear to be any convoys of aircraft making a B-Line for the U.K. like the Qatar aircraft in 2017.
I think there is more to this. It’s not over till it’s over.
I think there is more to this. It’s not over till it’s over.
Join Date: Feb 2004
Location: Manchester, UK
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...an Omni Int 772 is just about to join the Easterns at SNN.
Last edited by eggc; 22nd Sep 2019 at 23:06.
Join Date: Apr 2009
Location: Manchester
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Enfhida airport website now showing a Titan Airways flight back to MAN with identical timing and flight number to the scheduled Thomas Cook flight tomorrow morning. Not looking good!
Best of of luck to everyone at Thomas Cook.
Best of of luck to everyone at Thomas Cook.
Join Date: Sep 2015
Location: Germany
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They are one of the more likely airlines to partake in the repatriotation.
However chances are that both SmartLynx and Avion Express might have issues to staff the flights, because apparently both operated under a damp lease agreement where the ACMI carrier only provides cockpit crew, while cabin crew is coming from the lessee.
However chances are that both SmartLynx and Avion Express might have issues to staff the flights, because apparently both operated under a damp lease agreement where the ACMI carrier only provides cockpit crew, while cabin crew is coming from the lessee.
Join Date: Aug 2007
Location: West Yorkshire
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Maybe TC have already sent out the expected press release but embargoed it until a certain time. A commonly used tactic hence all news streams with the same large hint..... except the Independent who for whatever reason have maybe done something different..
Join Date: Sep 2010
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Join Date: Oct 2017
Location: London
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Join Date: Nov 2007
Location: UK
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ITV reporting TC have gone into administration.
ITV now reporting TC going into administration.
https://www.itv.com/news/2019-09-22/...ue-talks-fail/
Sad times.
Another great British company and airline lost.
https://www.itv.com/news/2019-09-22/...ue-talks-fail/
Sad times.
Another great British company and airline lost.