Thomas Cook

Just another thought on TC if it goes under. I think there are almost 400 Boeing 737 MAX planes grounded at the moment due to the two crashes they had. I've been reading about how operators across the world are having to lease aircraft from specialist companies to make up for their grounded planes. Will there be enough spare aircraft in the system to get the TC holiday makers home?
 
Asked the government for a bail out, I would go further if I was government and nationalise it,

A national flyer returning would be good as British airways has been expensive shite since it was sold off
 
Am I wrong, as usual, but I thought that travel firms were covered by ATOL(?) so that there is an insurance system to bring people home. So where has the need for £600m from the government come from?
 
Am I wrong, as usual, but I thought that travel firms were covered by ATOL(?) so that there is an insurance system to bring people home. So where has the need for £600m from the government come from?
They wont have enough money in the pot for a bail out on this scale .it designd really if a couple of flights are cancelld .I due on Thomas cook in 2 weeks .Told to try get monet back from debit card co "as if"
 
Due to go New York with these in three weeks time, do have ATOL insurance though as a package hol.

What happens if they go bust?

Do you have to claim the money back and if so how long does that take?
 
£600 million to bring people home or £200 million emergency loan , keep people in work and let customers enjoy what they have paid for .
 
Flew from New York to Manchester return in July (booked a few days before flying out) - returned and a week later i checked my bank accoint and thought "thats good, there is about $800 more in my account than I imagined i had" as pay day was when I was away.
Last week my card was denied at the supermarket (fortunately i have another card with a different bank) and checked my account online and Thomas Cook had taken the air fare out..... Checked back to July and they hadnt done so at the time which explained why i had more in my account. Took 9 weeks for them to take it.
 

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