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members- another deeply unattractive, not-invested poster.
"and they have all those hotels to pay in October." Ignorant. The hotels are paid on a regular basis (at least monthly). If not they could not survive.
"It demonstrates TCG do not care about shareholders". So what? In that they are no different to the directors of any other large corporation. They "care" about the Company's success and their own careers and bonuses. If they do well the the shareholders do well. It's delusional to think they give a monkey's about the shareholders.
Thomas Cook airlines are not "propped up", they charge the Thomas Cook tour operators the same rates as others in the market. Also a proportion of their business is non-dependent on Thomas Cook.
Stick to commenting on what you know about and understand Quisty.
So did African Minerals.
Let me allay your fears (if you genuinely have them). Thomas Cook won't have to pay upfront for hotels, theirs is a mutually dependent relationship. They'll be expected to pay promptly though
I find it difficult to grasp what Virgin would actually be interested in. The Thomas Cook long haul programme is not a stand-alone business, it is an integral part of ther tour operating programme. It is already taking bookings summer 2020. All the accommodation contracts (some probably with occupancy guarantees) are in place, and many are in hotels shared with Virgin Holidays. Is the idea to sell the long haul aircraft with their slots and lease them back to TCG. Nothing in it there for Vigin for a couple of years at least. I'd be interested to see what the Virgin offer could consist of.
Interesting.
"Blimey, 9 posts in a row which are sane!" Well, if you discard the post comparing TCG to Flybe (or Debenhams for that matter).
There are no real parallels with ILG/Air Europe. ILG's tour operators (Intasun, Global, Lancaster, 18-30 et al) were trading profitably; the group went down because Air Europe expanded too quickly and massively into scheduled routes during an oil crisis.
There are real parallels with MyTravel though.
Accepted. But please don't try to raise the tone again.
Ta mate.
Gareth 3672. Please do not interrupt a vacuous, vapid, jejune thread from posturing dolts with your most unwelcome serious question about TCG.
Boring guys.
Jet 2 indeed. We'll have Manx Airlines saying they are not interested soon.
- but you should welcome differing views as I do.
LOL
Unfortunately true. A pity; they were respected some years back.
The issue many analysts are fearing is that the Company is insolvent .... "What analysts are thoser jj..?
UK
No Quisty - you can't teach me spelling.