RE: Leap of faith!10 Aug 2021 21:41
" Thomas Cook going bust has nothing to do with the current situation in aviation."
You miss the point, ppl thought it would never fail, too big, too popular, a bit like the Unsinkable Titanic, until is sank.
Debt is a heavy lead weight.
Competition can severely hurt margins as IAG may now establish, you can defend it all you wish. Just because it's a major brand means nothing. It's debt laden and the comp know it.
Yes theres a big risk, but then so is daily life