Dont just book it.... Thomas Cook it....

[Corsair7]

65% drop in share prices, today.....

http://www.bbc.co.uk/news/business-15832438

BBC said:

"In a conference call, Thomas Cook chief executive Sam Weihagen reassured customers that it was business as usual."

"We have all the protection in place as any other travel company and they should not worry," he said.

Sorry but thats a load of rubbish. Anyone who has been away or planning to go away with a holiday company that then goes bust could tell you that actually getting compensation for a holiday that has been lost can take years.

Dont worry - continue to plan/buy your holiday, just dont expect to actually go on it. But you'll get your money back one day. Maybe.

[mondeoman]

http://www.bbc.co.uk/news/uk-england-kent-15826951

Bruce Dickinsons' airline has just gone kerrang...

Must be something in the air tonight

[Elroy Blue]

The airline went bust due to totally inept management. It's the third airline in a row that particular 'manager' has seen off.

[Steffan]

Elroy Blue said:

The airline went bust due to totally inept management. It's the third airline in a row that particular 'manager' has seen off.

Who were the other two, please?

[saleen836]

As a side note to the above (which I guess is part of the cause) news the other day saying Virgin, Easyjet and BAA asking the gubberment to remove passenger flight tax as it is losing more money than it makes, I doubt it will be removed but a very slim chance of it being lowered I guess?!

[Elroy Blue]

Steffan said:

Who were the other two, please?

Sterling and Flyme.

[Victor McDade]

mondeoman said:

http://www.bbc.co.uk/news/uk-england-kent-15826951

Bruce Dickinsons' airline has just gone kerrang...

Must be something in the air tonight

And not just over here. The US carriers have been struggling for a while and now the Indians are joining in:

http://mobile2.wsj.com/device/article.php?CALL_URL...

[Mr_B]

Can't help but think you are going to have a Nothern Rock type situation now where everyone either trys to cancel and get a refund or just steers well clear.

[Les84]

should I be worrying as I have a holiday planned in march 2012 that I booked in Feb this year?

I am thiking about going into travel agents tomorrow.

[Oakey]

how do travel agents work then? Do you pay them the money and they hold on to it until nearer the time and then they book your flights, hotel, etc?

I've never used one, last time I went to new york I just booked the flights and hotel online through opodo or whatever it's called.

[Elroy Blue]

anonymous said:

[redacted]

I don't think the Chairman of Thompson will be too pleased considering it's Thomas Cook that's in danger

[eharding]

Elroy Blue said:

anonymous said:

[redacted]

I don't think the Chairman of Thompson will be too pleased considering it's Thomas Cook that's in danger

Especially as Thompson are noted for the production of wood cleaning, waterproofing and staining materials, and are not noted for a presence in the package holiday business.

[Dr Phibes]

anonymous said:

[redacted]

Well I hope not as I work at Thomson(TUI)head office.

[smack]

anonymous said:

[redacted]

Thomson is an owned subsidary of the German company Tui. So I guess that would be a no to a UK government loan.

[smack]

Dr Phibes said:

Well I hope not as I work at Thomson(TUI)head office.

Have you still got that big 787 model in the foyer?

During my many visits to help out with a project I enjoyed the nice totty in your office

[K12beano]

Hang on!

So what's the problem with Tui/Thomson now then?? I can't find anything concrete about their troubles.

Rival operator TUI Travel was also hit, with its shares down by 9 per cent or 13.9p at 136.7p, while British Airways owner International Consolidated Airlines was 7.2p lower at 132p.

Edited by K12beano on Tuesday 22 November 19:31

[Dr Phibes]

smack said:

Have you still got that big 787 model in the foyer?

During my many visits to help out with a project I enjoyed the nice totty in your office

Sure have, just through the sliding doors.

I am glad to report the Totty is still a major perk of the job.

[mondeoman]

K12beano said:

Hang on!

So what's the problem with Tui/Thomson now then?? I can't find anything concrete about their troubles.

Rival operator TUI Travel was also hit, with its shares down by 9 per cent or 13.9p at 136.7p, while British Airways owner International Consolidated Airlines was 7.2p lower at 132p.

Edited by K12beano on Tuesday 22 November 19:31

They have to increase borrowings from £900m to over £1 billion 'cos of no russian ogliarchs going to Thailand or Egypt and no-one in the UK going anywhere next year.

[minimax]

mondeoman said:

They have to increase borrowings from £900m to over £1 billion 'cos of no russian ogliarchs going to Thailand or Egypt and no-one in the UK going anywhere next year.

errrr...

[eybic]

anonymous said:

[redacted]

Yep, I read the £900 million figure on the BBC site yesterday