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22nd Sep 2019, 14:04
Replies: 1,535
Views: 1,669,588
Posted By diffident

Nice. How very pleasant of you. Come back when...

Nice. How very pleasant of you. Come back when you've grown up.
22nd Sep 2019, 02:46
Replies: 1,535
Views: 1,669,588
Posted By diffident

With all due respect ATIS, you've pidgeon-hold us...

With all due respect ATIS, you've pidgeon-hold us all there!!!

I'm media, but I'm not going to get up in the morning and scream "THEY ARE BUST" to everyone.

I've not only got respect, but I've...
21st Sep 2019, 23:40
Replies: 1,535
Views: 1,669,588
Posted By diffident

I've just had ten minutes to look at these tweets...

I've just had ten minutes to look at these tweets (and there are a lot more) it looks like the hoteliers have taken the onus on themselves (and rightly so, if they won't be paid), to act. This is...
21st Sep 2019, 23:32
Replies: 1,535
Views: 1,669,588
Posted By diffident

Given the tweeted videos, I withdraw the...

Given the tweeted videos, I withdraw the scepticism, but the points I made remain.
21st Sep 2019, 23:31
Replies: 1,535
Views: 1,669,588
Posted By diffident

Whilst I'm sceptical, it wouldn't be without...

Whilst I'm sceptical, it wouldn't be without foundation if local hoteliers started in localised instances... charging the guests directly. Imagine a hotelier in Brighton having a bunch of guests and...
21st Sep 2019, 22:45
Replies: 1,535
Views: 1,669,588
Posted By diffident

with all due respect, the Danes havenít mounted a...

with all due respect, the Danes havenít mounted a rescue either
21st Sep 2019, 22:12
Replies: 1,535
Views: 1,669,588
Posted By diffident

The medical term would be DNR.... Do Not...

The medical term would be DNR.... Do Not Resuscitate.

Yes its sad for the staff of the UK company, and also for the Condor ops and the TC Nordic ops.

If those countries felt that there was...
21st Sep 2019, 21:18
Replies: 1,535
Views: 1,669,588
Posted By diffident

The Irony of the fact that at 9am tomorrow the...

The Irony of the fact that at 9am tomorrow the last ditch talks take place at the offices of "Slaughter & May" is shocking of itself. Despite the unfortunate name, the firm is known as the best...
21st Sep 2019, 21:16
Replies: 1,535
Views: 1,669,588
Posted By diffident

I'm also led to believe that there is a...

I'm also led to believe that there is a creditor's meeting tomorrow morning (Sky (https://news.sky.com/story/thomas-cook-to-meet-creditors-in-final-bid-for-1bn-rescue-11816496)). That is highly...
21st Sep 2019, 21:14
Replies: 1,535
Views: 1,669,588
Posted By diffident

11pm tomorrow is the standard time that the...

11pm tomorrow is the standard time that the proverbial hits the fan... (00:00CET). That's the point when administrators would legally have to take over, or liquidation (worse case) would happen.
21st Sep 2019, 21:11
Replies: 1,535
Views: 1,669,588
Posted By diffident

Fosun have already walked away, which is why...

Fosun have already walked away, which is why Thomas Cook Group appealed to the Government days ago. This was all published in the New York hearings that I posted about in this thread but was...
21st Sep 2019, 17:34
Replies: 1,535
Views: 1,669,588
Posted By diffident

Note, I said Sunday. That's tomorrow night, into...

Note, I said Sunday. That's tomorrow night, into Monday, not tonight.
21st Sep 2019, 17:17
Replies: 1,535
Views: 1,669,588
Posted By diffident

My very well educated guess (having been in and...

My very well educated guess (having been in and around these events for nearly 20 years), would be that if the plug is to be pulled - and I fully expect it will, sadly - it will be after the last...
21st Sep 2019, 11:43
Replies: 1,535
Views: 1,669,588
Posted By diffident

The £600 million figure also includes the cost of...

The £600 million figure also includes the cost of ATOL funded replacement holidays and refunds, as well as repatriation. If you think of the UK bookings for winter and next summer already on the...
21st Sep 2019, 11:41
Replies: 1,535
Views: 1,669,588
Posted By diffident

Yes, Thomas Cook actually requires £1.3billion in...

Yes, Thomas Cook actually requires £1.3billion in total. So the £200m is only to keep the company trading in the short-term (the bank's demand) whilst trying to raise the other £1.1billion which is...
21st Sep 2019, 11:11
Replies: 1,535
Views: 1,669,588
Posted By diffident

I don't know how many times we are going to...

I don't know how many times we are going to discuss this, but the Government will not bail out Thomas Cook Group. Here's why;

It would breach EU state aid rules
It would open up the government...
20th Sep 2019, 16:37
Replies: 1,535
Views: 1,669,588
Posted By diffident

It's a case of ... "cut your losses at 36p per...

It's a case of ... "cut your losses at 36p per share now" or face a return of 0p per share in a few days. As I've said before in this thread, its a brutal business.
20th Sep 2019, 15:26
Replies: 1,535
Views: 1,669,588
Posted By diffident

https://cimg9.ibsrv.net/gimg/pprune.org-vbulletin/...

https://cimg9.ibsrv.net/gimg/pprune.org-vbulletin/874x894/tc_note_7d94f3e83432d4c8ba86a6339330e4c3cadb25e0.jpg
The sad fact is the last line of this letter to the Stock Exchange this morning........
20th Sep 2019, 08:56
Replies: 1,535
Views: 1,669,588
Posted By diffident

Just to nip this point in the bud. The only...

Just to nip this point in the bud. The only government involvement here will be through the CAA.

There will be no government bail-out of the company, it isnít allowed under EU state aid rules.
20th Sep 2019, 08:29
Replies: 1,535
Views: 1,669,588
Posted By diffident

Rule of business number 1: If you are in...

Rule of business number 1: If you are in trouble, don't tell your customers, because they won't buy anything from you.

No business will admit they are about to collapse. Monarch were saying...
20th Sep 2019, 08:19
Replies: 1,535
Views: 1,669,588
Posted By diffident

Of course @Doc Q, all made up figures. Can't help...

Of course @Doc Q, all made up figures. Can't help myself. :ugh:

£1.1 BILLION debt restructuring which we know about - its the value of the Chinese possible involvement. Overnight a further...
20th Sep 2019, 08:02
Replies: 1,535
Views: 1,669,588
Posted By diffident

They need as of this morning £1.3 BILLION.

They need as of this morning £1.3 BILLION.
20th Sep 2019, 08:01
Replies: 1,535
Views: 1,669,588
Posted By diffident

To further add to Albert Hall 's well made points...

To further add to Albert Hall 's well made points there Doc Q , even if the Government wanted to (and they don't), European Union state aid rules won't allow it. In an effort to stop the usual "yeh,...
19th Sep 2019, 23:06
Replies: 1,535
Views: 1,669,588
Posted By diffident

Standard procedure for breaking up a company. ...

Standard procedure for breaking up a company. Viable stuff that can be sold on into one, non-viable stuff that is 'toxic' into the other.
19th Sep 2019, 17:16
Replies: 1,535
Views: 1,669,588
Posted By diffident

Sky News are now reporting as breaking news that...

Sky News are now reporting as breaking news that Thomas Cook is trying to fire-sale its Nordic operations in a bid to raise capital - Sky News...
Showing results 1 to 25 of 143
 


 
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