Thomas cook gone bust

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Thomas cook gone bust

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.TUX. 23 Sep 19 10.32am
Originally posted by steeleye20 Thomas Cook is a much-loved brand and still doing a lot of business. I am quite happy with the High Street for holidays myself. It is over 150 years old, a couple of months to make a rescue package and return to profitability should not be beyond the financial people. I would be happy my taxes were used to that effect, rather than spend 88 billions on a railway line that may never operate. What about all the distress, all the people losing their jobs? You should up-grade and holiday in a park Buy Litecoin.
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.TUX.

23 Sep 19 10.32am

Originally posted by steeleye20

Thomas Cook is a much-loved brand and still doing a lot of business.

I am quite happy with the High Street for holidays myself.

It is over 150 years old, a couple of months to make a rescue package and return to profitability should not be beyond the financial people.

I would be happy my taxes were used to that effect, rather than spend 88 billions on a railway line that may never operate.

What about all the distress, all the people losing their jobs?

You should up-grade and holiday in a park

Buy Litecoin.

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Midlands Eagle 23 Sep 19 10.35am
Originally posted by chris123 There can't have been much to save if the business has been liquidated rather than enter administration. I'm guessing that now must be the peak time for Thomas Cook to shell out cash to all the hotels to pay for the peak month of August but there won't be much coming in if bookings have stopped. I'm also guessing that the fleet of aircraft are either leased or hocked up to the eyeballs
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Midlands Eagle

23 Sep 19 10.35am

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Originally posted by chris123

There can't have been much to save if the business has been liquidated rather than enter administration.

I'm guessing that now must be the peak time for Thomas Cook to shell out cash to all the hotels to pay for the peak month of August but there won't be much coming in if bookings have stopped.

I'm also guessing that the fleet of aircraft are either leased or hocked up to the eyeballs

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chris123 hove actually 23 Sep 19 10.46am
Originally posted by Midlands Eagle I'm guessing that now must be the peak time for Thomas Cook to shell out cash to all the hotels to pay for the peak month of August but there won't be much coming in if bookings have stopped. I'm also guessing that the fleet of aircraft are either leased or hocked up to the eyeballs I heard on the radio that snow ploughs had placed in front of aircraft at Gatwick. So probably insolvent and the CAA doesn't like that.
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chris123

hove actually 23 Sep 19 10.46am

Originally posted by Midlands Eagle

I'm guessing that now must be the peak time for Thomas Cook to shell out cash to all the hotels to pay for the peak month of August but there won't be much coming in if bookings have stopped.

I'm also guessing that the fleet of aircraft are either leased or hocked up to the eyeballs

I heard on the radio that snow ploughs had placed in front of aircraft at Gatwick. So probably insolvent and the CAA doesn't like that.

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Tom-the-eagle Croydon 23 Sep 19 11.07am
Unsustainable outdated business model. Real shame for everyone effected though. "It feels much better than it ever did, much more sensitive." John Wayne Bobbit
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Tom-the-eagle

Croydon 23 Sep 19 11.07am

Unsustainable outdated business model.

Real shame for everyone effected though.

"It feels much better than it ever did, much more sensitive." John Wayne Bobbit

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aquickgame2 Beni = summer,Caribbean = winter 23 Sep 19 11.16am
I’ve used TC before but booked everything online with them. They had a shop just outside the Whitgift , went in there to see what they had, then went home to check the same holiday with TC on the net.......It was £500 cheaper on the net, direct with TC than direct with the TC shop.
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aquickgame2

Beni = summer,Caribbean = winter 23 Sep 19 11.16am

I’ve used TC before but booked everything online with them.
They had a shop just outside the Whitgift , went in there to see what they had, then went home to check the same holiday with TC on the net.......It was £500 cheaper on the net, direct with TC than direct with the TC shop.

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steeleye20 Croydon 23 Sep 19 11.17am
Originally posted by Tom-the-eagle Unsustainable outdated business model. Real shame for everyone effected though. It can't be that outdated as these are recent bookings so there is no shortage of customers, 165,000 to be repatriated (paid by us). Have no problem with state ownership myself far more billions being squandered in ultimately useless vanity projects.
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steeleye20

Croydon 23 Sep 19 11.17am

Originally posted by Tom-the-eagle

Unsustainable outdated business model.

Real shame for everyone effected though.

It can't be that outdated as these are recent bookings so there is no shortage of customers, 165,000 to be repatriated (paid by us).

Have no problem with state ownership myself far more billions being squandered in ultimately useless vanity projects.

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Rudi Hedman Caterham 23 Sep 19 1.30pm
Originally posted by steeleye20 It can't be that outdated as these are recent bookings so there is no shortage of customers, 165,000 to be repatriated (paid by us). Have no problem with state ownership myself far more billions being squandered in ultimately useless vanity projects. Problem is the capacity on flights, hotels, transfers, everything has to be full or near full to capacity or it’s losing money. 165,000 sounds a lot but it would probably be more if it was successful. Plus they’re trying to be competitive vs operators with one call centre. There’s one on south end in Croydon (or was a few years ago) opposite Leon House. One premises vs 550 shops and a good few staff in each isn’t it? They don’t even get many people using The bureaux de change in these shops any more. Everywhere does it now for more convenience. I can’t say it’s a shop I’ll miss or notice not being around any more. Shame and harsh for the staff though. COYP
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Rudi Hedman

Caterham 23 Sep 19 1.30pm

Originally posted by steeleye20

It can't be that outdated as these are recent bookings so there is no shortage of customers, 165,000 to be repatriated (paid by us).

Have no problem with state ownership myself far more billions being squandered in ultimately useless vanity projects.

Problem is the capacity on flights, hotels, transfers, everything has to be full or near full to capacity or it’s losing money. 165,000 sounds a lot but it would probably be more if it was successful. Plus they’re trying to be competitive vs operators with one call centre. There’s one on south end in Croydon (or was a few years ago) opposite Leon House. One premises vs 550 shops and a good few staff in each isn’t it? They don’t even get many people using The bureaux de change in these shops any more. Everywhere does it now for more convenience.

I can’t say it’s a shop I’ll miss or notice not being around any more. Shame and harsh for the staff though.

COYP

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.TUX. 23 Sep 19 1.39pm
Originally posted by steeleye20 It can't be that outdated as these are recent bookings so there is no shortage of customers, 165,000 to be repatriated (paid by us). Have no problem with state ownership myself far more billions being squandered in ultimately useless vanity projects. The High Street is expensive and really not needed in this day and age in this industry. I can't honestly remember the last time we used one. Re- the link posted earlier.........''In 2011, it tapped lenders for £200 million to avert bankruptcy. This left the company with substantial long-term debt'' Hard to compete with this hanging over your head. Buy Litecoin.
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.TUX.

23 Sep 19 1.39pm

Originally posted by steeleye20

It can't be that outdated as these are recent bookings so there is no shortage of customers, 165,000 to be repatriated (paid by us).

Have no problem with state ownership myself far more billions being squandered in ultimately useless vanity projects.

The High Street is expensive and really not needed in this day and age in this industry. I can't honestly remember the last time we used one.

Re- the link posted earlier.........''In 2011, it tapped lenders for £200 million to avert bankruptcy. This left the company with substantial long-term debt''

Hard to compete with this hanging over your head.

Buy Litecoin.

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chris123 hove actually 23 Sep 19 1.39pm
Originally posted by steeleye20 It can't be that outdated as these are recent bookings so there is no shortage of customers, 165,000 to be repatriated (paid by us). Have no problem with state ownership myself far more billions being squandered in ultimately useless vanity projects. Where do think it went wrong?
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chris123

hove actually 23 Sep 19 1.39pm

Originally posted by steeleye20

It can't be that outdated as these are recent bookings so there is no shortage of customers, 165,000 to be repatriated (paid by us).

Have no problem with state ownership myself far more billions being squandered in ultimately useless vanity projects.

Where do think it went wrong?

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Jimenez SELHURSTPARKCHESTER,DA BRONX 23 Sep 19 1.41pm
Originally posted by steeleye20 It can't be that outdated as these are recent bookings so there is no shortage of customers, 165,000 to be repatriated (paid by us). Have no problem with state ownership myself far more billions being squandered in ultimately useless vanity projects. That is around 20% of the market 80% of people book online. It's an out of date concept. As for you're bailing them out BS, I'd guess that EU regulations probably forbid it. Pro USA & Israel
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Jimenez

SELHURSTPARKCHESTER,DA BRONX 23 Sep 19 1.41pm

Originally posted by steeleye20

It can't be that outdated as these are recent bookings so there is no shortage of customers, 165,000 to be repatriated (paid by us).

Have no problem with state ownership myself far more billions being squandered in ultimately useless vanity projects.

That is around 20% of the market 80% of people book online. It's an out of date concept.
As for you're bailing them out BS, I'd guess that EU regulations probably forbid it.

Pro USA & Israel

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.TUX. 23 Sep 19 1.52pm
Originally posted by chris123 Where do think it went wrong? Debt = Thomas Cooked. Buy Litecoin.
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.TUX.

23 Sep 19 1.52pm

Originally posted by chris123

Where do think it went wrong?

Debt = Thomas Cooked.

Buy Litecoin.

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madcap_v2 SE25 / Ibiza 23 Sep 19 1.56pm
Got back from a TC holiday last week, fortunately. A woman I know was due to go away with them on Wednesday, to Ibiza. Luckily her holiday was ATOL protected, but by the time she gets her money back, the season will be finished La la la your mum
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madcap_v2

SE25 / Ibiza 23 Sep 19 1.56pm

Got back from a TC holiday last week, fortunately. A woman I know was due to go away with them on Wednesday, to Ibiza. Luckily her holiday was ATOL protected, but by the time she gets her money back, the season will be finished

La la la your mum

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