Go Back  PPRuNe Forums > Flight Deck Forums > Rumours & News
Reload this Page >

TUI warns of 8,000 job losses as travel firm faces 'greatest crisis'

Rumours & News Reporting Points that may affect our jobs or lives as professional pilots. Also, items that may be of interest to professional pilots.

TUI warns of 8,000 job losses as travel firm faces 'greatest crisis'

Old 13th May 2020, 12:08
  #1 (permalink)  
Thread Starter
 
Join Date: Jan 2008
Location: Reading, UK
Posts: 11,762
TUI warns of 8,000 job losses as travel firm faces 'greatest crisis'

And the bad news just keeps coming ...

https://www.theguardian.com/business...rope-cut-costs
DaveReidUK is offline  
Old 13th May 2020, 13:10
  #2 (permalink)  
 
Join Date: Dec 2008
Location: uk
Posts: 824
It does. No great surprise here and I doubt it will be the last bad news this quarter.
Good luck to all.
macdo is offline  
Old 13th May 2020, 18:00
  #3 (permalink)  
 
Join Date: Mar 2002
Location: Florida
Posts: 5,303
Originally Posted by macdo View Post
It does. No great surprise here and I doubt it will be the last bad news this quarter.
Good luck to all.
It is bound to spill over to 10 times that number and others will then follow.. So prepare yourself to a significant reduction in your standard of living all the way down to those that can't survive such a reduction.
lomapaseo is offline  
Old 14th May 2020, 23:06
  #4 (permalink)  
 
Join Date: Oct 2007
Location: Munich, Germany
Age: 76
Posts: 118
Arenīt we all reading the future in the guts of a dead chicken, like the Romans did in their days? The way it looks, the virus is spread much further, with no end in sight. All we do, is guessing, and hoping this is only a bad dream, and not true. If not all countries open their borders and declare their country as virus free, no normal air traffic will be possible. For the time being I fear we see the end of a era, the end of unlimited world-wide travel. I fully agree with lomapaseoīs statement, there is no improvement in sight, things will get even worse.
BEA 71 is offline  
Old 15th May 2020, 07:46
  #5 (permalink)  
 
Join Date: Dec 2008
Location: uk
Posts: 824
Some flesh to put on your dead chicken.
Its behind a paywall but usually can be accessed if you google the headline.
https://www.investorschronicle.co.uk...f-thomas-cook/
macdo is offline  
Old 16th May 2020, 23:24
  #6 (permalink)  
 
Join Date: Apr 1999
Location: Manchester, UK
Posts: 1,923
I donít know about declaring virus free but many countries are opening their borders or preparing to. This is surely its greatest crisis but TUI seem to be serious about doing what it takes to restart holidays just as soon as itís safely possible.
ShotOne is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Thread Tools
Search this Thread

Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service - Do Not Sell My Personal Information

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.