Thomas Cook Gone
Join Date: Jun 2018
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Join Date: Apr 2003
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To Ana36, stop your direct debits immediately. Your claim under ATOL is for the amount paid up to the date of failure. Make sure you have all the receipts, The CAA has indicated that the claims system will be running by September 30 and they aim to pay everyone with valid claims within 2 months
Join Date: Oct 2008
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Join Date: Mar 2007
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Condor is still flying because they still got money. Managers could see this coming and didn't send as much money of their profit( 43.000.000€) 2018 to Thomas Cook as they years 16 17 etc.... So they have cash on their bankaccount because the CEOs first have to save their own company, then their holding.
So Condor is not bankrupt yet. They are still flying scheduled flights (NOT RESCUE FLIGHTS!).
They applied for a government loan and hope to get it so they can sell Condor and make some money or find a solution outside of Thomas Cook .
So Condor is not bankrupt yet. They are still flying scheduled flights (NOT RESCUE FLIGHTS!).
They applied for a government loan and hope to get it so they can sell Condor and make some money or find a solution outside of Thomas Cook .
Also, half of their revenue is with TC package tours, and they were not allowed to take pax on package tours any longer, just those that had booked just the flight. This is going to hit them really fast.
And lastly, eight of their A321 and one A330 are listed as operated by TC Aviation or TC Airlines. What about those?
Join Date: Apr 1999
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No, FIRESYS nobody asking BA to sell tickets below market value, just allow the use of otherwise empty seats at no cost to themselves. Despicable and I’m ashamed they call themselves Britain’s flag carrier. Dave, I was informed of this by a fellow pilot in BA who was disgusted. Perhaps you would elaborate on your claim it’s untrue?
Re the Cuban hostage situation: come on: just what is our government doing?
Re the Cuban hostage situation: come on: just what is our government doing?
Join Date: Dec 2008
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Join Date: Feb 2008
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No, FIRESYS nobody asking BA to sell tickets below market value, just allow the use of otherwise empty seats at no cost to themselves. Despicable and I’m ashamed they call themselves Britain’s flag carrier. Dave, I was informed of this by a fellow pilot in BA who was disgusted. Perhaps you would elaborate on your claim it’s untrue?
Re the Cuban hostage situation: come on: just what is our government doing?
Re the Cuban hostage situation: come on: just what is our government doing?
Piecing together other, less histrionic reports than the Sun's, while BA were certainly inflexible and unhelpful it seems likely that the situation resulted from a combination of "computer says no" and one or more jobsworths within the organisation, rather than malice or bl**dy-mindedness on BA's part.
Strictly speaking (and sadly) by the time the TCX CC were attempting to get back to the UK on BA, they were civilians and no longer airline employees. So while BA could have bent the rules and still given them jump seats (probably without any comeback) the chances are that such a decision was above the pay grade of whoever was asked to make it.
As for the "extortionate" £10K for a seat (actually $10,000), well yes it's extortionate, but that's pretty much what you pay as a walk-up on LAS/LHR in business class (Y was full on the flight in question). Of course the Sun conveniently forgot to mention that fact.
Anyway, regardless of the rights and wrongs, it's good to hear that Virgin were able to take a more enlightened attitude.
Yes, of course they are, having scored a spectacular PR own-goal.
Strictly speaking (and sadly) by the time the TCX CC were attempting to get back to the UK on BA, they were civilians and no longer airline employees. So while BA could have bent the rules and still given them jump seats (probably without any comeback) the chances are that such a decision was above the pay grade of whoever was asked to make it.
As for the "extortionate" £10K for a seat (actually $10,000), well yes it's extortionate, but that's pretty much what you pay as a walk-up on LAS/LHR in business class (Y was full on the flight in question). Of course the Sun conveniently forgot to mention that fact.
Anyway, regardless of the rights and wrongs, it's good to hear that Virgin were able to take a more enlightened attitude.
Yes, of course they are, having scored a spectacular PR own-goal.
Join Date: Jan 2008
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Nobody on here has mentioned that the credit card companies were holding back £50 million from tcx . This is outrageous that they can just refuse to hand over the cash and cause the business to become insolvent.
Interesting that the German government has now approved a 380MM Euro credit for Condor even as that carrier files for bankruptcy, while the rescue of TC apparently failed because of a last minute request for an additional 200MM Sterling.
Considering the human cost of this collapse, it is unfortunate that the governments involved don't seem to communicate especially well.
Considering the human cost of this collapse, it is unfortunate that the governments involved don't seem to communicate especially well.
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I'm not sure the payment arrangement between credit card companies and travel companies, but if they pay TCX ahead of the actual holiday, they are effectively extending credit to TCX. At some point with writing on wall, they say no more bad money after good.
To be fair to BA (just this once ) from what I'm hearing the controversy over the $10,000 tickets seems to have been generated by certain people not getting the memo, rather than corporate policy dictated at Head Office... Of course once the now infamous tweet was out there the story grew via MSM and in a PR battle between Virgin and BA there's only going to be one winner.