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Trip Planning Florida Florida Holiday Planning Questions, Suggestions and Tips. |
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12 Jul 19, 09:19 AM |
#271
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Guest
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It looks like this saga is almost over, and TC will get split up as part of a rescue deal setup by it's current investors.
bbc/news/business-48960685 |
12 Jul 19, 09:41 AM |
#272
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Excited about Disney
Join Date: Aug 17
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12 Jul 19, 09:54 AM |
#273
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Apprentice Imagineer
Join Date: Jul 15
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We are in the same position. As far as I can see Fosun are going to get a percentage of the airline business, probably 49% as they can’t have a majority share of it. So it appears to be business as usual in that case. TCG will continue to operate, but may go off the stock market and become a private company. Overall, I would say that flights are secure as Fosun have invested and want to see their investment prosper.
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12 Jul 19, 10:00 AM |
#274
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VIP Dibber
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Fosun already own a percentage of the Airline but they can't buy it outright,it's profitable nothing will change!
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Our 13 Years at Disney in Video Sunset Ridge Sept2006,Highlands Reserve Sept 2007,Solana Sept 2008,Championsgate March 2010,Courtyard 2011,Clarion Inn June 2013,lakebuena vista resort Sept 2015, Santa Fe Paris Sept 2017,Newport Bay Club Paris March 2018,Clarion inn August 2018,Coronado Springs September 2019, Hotel l’elysee Disneyland Paris March 2020 ,Lake Buena Vista Resort and Spa November2022, Pop Century September 2023 Edited at 11:05 AM. |
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12 Jul 19, 10:03 AM |
#275
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Apprentice Imagineer
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As above.. it looks like that going forward, it's business as usual.
Fosun know what they're doing.
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June 1996 - Lake Buena Vista Mar 19 - Family timeshare, Holiday Inn Club Vacations @ Orange Lake Nov 22 - Family timeshare, Holiday Inn Club Vacations @ Orange Lake Jan 24 - Family timeshare, Vacation Villages at Parkway Mar 25 - Family timeshare, Holiday Inn Club Vacations @ Orange Lake |
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12 Jul 19, 11:07 AM |
#276
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Guest
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12 Jul 19, 11:28 PM |
#277
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Proud to wear my Ears
Join Date: May 17
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FOSUN will own the Tour Operator and 49% or less of the airline. The majority owner of the airline will be the banks whose debt has been wiped out. On the whole a good result all round for customers and staff of Thomas Cook. The only losers are the ones who owned shares in the business. They have basically lost all their money with the share price down to below 6p.
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13 Jul 19, 12:24 AM |
#278
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Imagineer
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Like a lot of Disney fans I’m really looking forward to FOSUN 2! Trailer looks awesome!
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13 Jul 19, 01:38 AM |
#279
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Imagineer
Join Date: Sep 16
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15 Jul 19, 02:09 PM |
#280
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Apprentice Imagineer
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__________________
June 1996 - Lake Buena Vista Mar 19 - Family timeshare, Holiday Inn Club Vacations @ Orange Lake Nov 22 - Family timeshare, Holiday Inn Club Vacations @ Orange Lake Jan 24 - Family timeshare, Vacation Villages at Parkway Mar 25 - Family timeshare, Holiday Inn Club Vacations @ Orange Lake |
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