Member Info for Quisty

They will be on May 16th

Jet2 seems to be hammering them on LC for sure, SP has done very well this year in comparison. Whole market is having it tough but TUI (on quality) and Jet 2 (LC) seem to be the main players.

I imagine it is tough for those senior figures you know in the business , it must be a painful depressing business to work for these days

yeah insider info i thin also investors have got wind of the latest results as they will be done by now 5 weeks after HY1

Am commenting on their last trading statement at a time when they have most bookings Q1
Bookings were 10% down on 2018
It is not a guess or my opinion it was a TC statement
I only comment on facts

£1.50 is irrelevant as was before the disastrous results revealed in November
Trading has not improved since in fact it has worsened in 2019

15p

Agree with you on BOD and May16th
Unless they offload airline (well German bit is only bit that may sell -but has been some time now)

Why do you go into a Travel Agent shop? is the internet too complicated?

TCG have already announced that summer bookings are down 12% compared to last year in the statement they made earlier this month

and is the Chinese economy now slowing down as they have been over ambitious in the past?
so far what have the chinese investors seen from investing in TCG?
genuine question not a dig

Unfounded? Massive debt, Falling Sales, Massive losses, large retail network on a dying high street, in a position where bankers are taking control - where does your optimism come from?
made money out of this when there was scope to do so

i have not seen that anywhere. there were articles saying the airline could be worth between £1b and £3b
for yrs now i have predicted what was going to happen to this stock
it was propped up by PR for years but now its value is reflecting the reality...

what does Fosun owning 17% have anything to do with it? they have their own financial issues and clearly are not prepared to increase their share holding (cannot afford it) probably regretting getting involved in first place

Agadir, Antalya, Cancún, Djerba, Fuerteventura, Funchal, Gran Canaria, Havana, Hurghada, La Palma, Lanzarote, Marrakesh, Punta Cana, Tenerife–South, Bridgetown, Corfu, Dalaman, Enfidha, Fortaleza, Fort-de-France, Heraklion, Ibiza, Kalamata, Kavala, Kos, Lamezia Terme, Marsa Alam, Mauritius, Mombasa, Montego Bay, Mykonos, Palma de Mallorca, Preveza, Puerto Plata, Olbia, Recife, Rhodes, Santorini, Sitia, Skiathos, Thessaloniki, Varadero, Volos, Zakynthos, Zanzibar are the destinations from Munich More Easyjet destinations than Lufthansa

Read that - it's a poor article
Anyway if i was Lufthansa i would wait til TC go bust like Air Berlin then the slots will be a bargain - no point paying over the odds now. They wouldn't want the aircraft anyway - too old

The banks are in control now, it's a survival plan, the rhetoric from the business is just that PR to hide fact that this is a basket case. The financials are horrendous and operationally it doesn't fare well with poor customer service - only Ryanair come out worse.
It has quite simply been badly run.

Becoz I only work as CEO of successful companies with healthy Balance Sheets Tugger
are u one of BOD who take huge bonuses while it runs the business into the ground and lets its shareholders and employees down year after year?

The company as a whole is only valued at £426m so the £500m for the airline is way optimistic, and irrelevant as nobody wants it. They will wait and bid for the slots they want but nobody will want all of it.

going by current differentials that would be £4.25TUI share is worth 35 times that of TCG

TCG have been moving towards getting seats on LC carriers like easyjet and reducing capacity on own airline.
This is not an attractive sale as market is overcrowded and as holiday bookings are 12% down for 2019 a shrinking market, plus TCG will then want to negotiate lower rates to increase their own margins.
Guess some airlines will be after US routes maybe.
Interesting he says MAYBE reduce debt, why bother just let it keep getting bigger, duh