Thomas Cook Gone
Thread Starter
Join Date: Jul 2019
Location: UK
Posts: 2
Thomas Cook Gone
At 02.05 am on 23rd September 2018 Thomas Cook one of the oldest travel firms went into administration, at the time I was watching one if its final flights descending into Manchester. This is a very sad day.. Besides the thousands of passengers affected., there are 22,000 jobs on the line worldwide.
Before anybody says topic is covered elsewhere TCX for example, its too important for that..
Before anybody says topic is covered elsewhere TCX for example, its too important for that..
Join Date: Jun 2001
Location: Rockytop, Tennessee, USA
Posts: 5,834
More here: Thomas Cook-2
Join Date: Nov 2003
Location: UK/OZ
Posts: 1,723
Will any one airline benefit from filling the void left by TC’s demise?
BBC report that 40 aircraft will be chartered to move 150,000 uk citizens back to Brexit land. Would TC aircraft be available for charter to fullfill this role?
Mjb
BBC report that 40 aircraft will be chartered to move 150,000 uk citizens back to Brexit land. Would TC aircraft be available for charter to fullfill this role?
Mjb
Join Date: Feb 2013
Location: gatwick
Age: 47
Posts: 75
Jet2 alongside EasyJet with Ryan would appear benefit from the lack of a competitive airline. I sympathise with all the staff and hope that this employer loss is only a temporary situation for them. Our industry is not immune from company failures, not the first and certainly not the last we will endure. Good luck to all.
Join Date: Nov 2000
Location: UK
Posts: 4
Writing on a Wall a long time ago
My ex-husband is a pilot with them - they used to go to Flight Ops meetings once a year and when the pilots were expressing concerns about easyJet taking more and more market share and moving into holidays/package market the management were just saying they are not a competitor and they are not worried - just had their heads in the sand. This was 10 years ago - failure to recognise the market place and to develop niche options which low cost wouldn't move into.
Join Date: Aug 2007
Location: Wiltshire
Age: 46
Posts: 19
Originally Posted by Mike Flynn
The days of package tour operators and travel agents are numbered.
It’s a lot cheaper for most people to book their flights and hotels online.
It’s a lot cheaper for most people to book their flights and hotels online.
Join Date: Feb 2016
Location: S.E.Asia
Posts: 1,807
Originally Posted by Claude1
Except, according to a news report this morning, that by doing so you have less legal protection when things go wrong, than if you booked a complete package.
Join Date: Aug 2015
Location: Sunnydale
Posts: 169
Originally Posted by Mike Flynn
Book with a credit card and you are protected over £100 by the consumer credit regulations.
Join Date: Oct 2002
Location: London UK
Posts: 6,544
Originally Posted by Mike Flynn
The days of package tour operators and travel agents are numbered.
It’s a lot cheaper for most people to book their flights and hotels online.
It’s a lot cheaper for most people to book their flights and hotels online.
The hotels were basically a booking agency. Again, maybe don't make much now but can just break even.
So why the huge debts. It wasn't going out in current expenditure and income. It was from the huge loans taken out years ago to buy up all those other companies, the MyTravels, the Condors, etc. That had to be paid back, with interest, and it couldn't be. That's where the money is due. And those are the financing deals that have been sold on and on in the finance world. And where the management has all their attention concentrated.
Join Date: Jun 2001
Location: at the edge of the alps
Posts: 376
Originally Posted by back to Boeing
You’ll get a refund but that won’t get you home if you have to buy a last minute ticket from wherever.
