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Thomas Cook

(136 Posts)
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Urmstongran Mon 23-Sept-19 09:51:32

But the ‘Brexit’ hook is so handy ...
☹️

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Whitewavemark2 Mon 23-Sept-19 09:48:13

They cited Brexit as a contributory factor. What evidence is there that if bookings hadn’t dried up because of Brexit worries that TC would still have gone bust?

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GrannyGravy13 Mon 23-Sept-19 09:45:01

They nearly went under in 2011.

It has been well known in the travel industry that they were no longer viable.

The worrying thing is that ATOL is still recovering from its payouts when Monarch collapsed. Not sure how it can weather this storm and the huge amounts of compensation involved?

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growstuff Mon 23-Sept-19 09:37:39

To be fair, it isn't. Thomas Cook has been in trouble for a long time. It's a victim of online bookings.

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Whitewavemark2 Mon 23-Sept-19 09:30:30

More Brexit collateral

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GrannyGravy13 Mon 23-Sept-19 09:26:48

22,000 jobs at risk, 9,000 in the U.K.

I wonder if the Insolvancy Practitioner will be able to sell off the more profitable parts of the company?

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growstuff Mon 23-Sept-19 09:21:16

No (or very little) UC if they have a working spouse/partner - just a massive drop in income.

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EllanVannin Mon 23-Sept-19 09:20:03

It's the workers I feel sorry for ! 22,000 jobs at risk .

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Urmstongran Mon 23-Sept-19 09:18:39
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A very sad and eerie sight at Terminal 1 departures at Manchester Airport today. Twenty five Thomas Cook check in desks deserted after the collapse of the company..

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Barmeyoldbat Mon 23-Sept-19 09:17:42

Pretty grim for them and its not easy getting your UC.

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Urmstongran Mon 23-Sept-19 09:04:38

The website set up to help holiday makers is actually really professional, informative and easy to use. Most people will be able to travel back home free of charge with only a few hours difference to their original return flight time.

Here: thomascook.caa.co.uk/

But what’s the plan for the 9000 workers who won't get paid next Monday?

Universal Credit?

Uber driver or Deliveroo?

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