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Trip Planning Florida Florida Holiday Planning Questions, Suggestions and Tips. |
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27 Aug 19, 08:49 PM |
#1
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Earning My Ears
Join Date: Aug 19
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Thomas cook?
So we have just booked to go next year (September) flying with TC.. my husband just msged me saying if they are gonna go bust? Does anyone have an update on what the situation is like now?
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27 Aug 19, 08:51 PM |
#2
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Imagineer
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I thought I read they had new investors from China and would be ok
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POFQ Dec 2006, Mar 2008, Oct 2009, Oct 2014 Dibb Villas : Mar 2009, Aug 2009, Xmas 2009 Dec 2010, Oct 2011, July 2013, July 2014, Xmas 2014, July 2015, Aug 2017, Jan 2018, Oct 18, OKW:Summer 2012, Beach Club:Oct 2015,July 2017. AKL:Oct 2019 |
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27 Aug 19, 09:07 PM |
#3
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Imagineer
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They’ll tell you if anything happens which effects your booking. Dont worry I’m sure everything will be fine just enjoy the planning
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27 Aug 19, 10:16 PM |
#4
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Relaxing at the Grand Floridian
Join Date: Aug 09
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It's only the holiday company not the flight only.
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27 Aug 19, 11:07 PM |
#5
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VIP Dibber
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They are currently in talks with their biggest shareholders fosun for a 750 million investment which should help them steady the ship, the talks are at the advanced stage and should be finalised by October!Fosun have big plans for the holiday company, the airline is profitable so could be sold or remain part owned by Thomas Cook and other investors and Fosun!
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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 |
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28 Aug 19, 08:54 AM |
#6
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VIP Dibber
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Looks like its all sorted this morning
google/amp/s/b...iness-49493876
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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 |
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28 Aug 19, 09:57 AM |
#7
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Imagineer
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The issue was with the travel agency, not the airline.
The airline was to be sold to let the travel agency side invest, some short sellers tried to put 2+2 together to push their share price down and make money.
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28 Aug 19, 10:00 AM |
#8
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VIP Dibber
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There share price is over, looks like they are gonna be removed from the Stockmarket a sad thing fir shareholders, but can only be a good thing for Thomas Cook!
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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 |
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28 Aug 19, 10:51 AM |
#9
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Apprentice Imagineer
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28 Aug 19, 11:28 AM |
#10
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Imagineer
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Thank you for the update! Very much appreciated.
So it looks like Fosun will put in £450m in return for at least 75% of the tour business and 25% of the group's airline whilst TC's lending banks and bondholders will contribute a further £450m for 75% of the airline and 25% of the tour operator business. Good news for the company (but bad news for shareholders).
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