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Yes, I recognised the need to move at lightning speed but I'm not familiar with compulsory liquidation and administration (the former locks doors and the latter stumbles along until a buyer found?) It's a pity though ... the creditors will now get the forced sale market value of assets which...

Will be interesting to see if someone (Branson, TUI, ANO) make an offer to the administrators for the entire business. No idea what the numbers would be but it would be considerably below the 1.7BN debt and they get a going concern with ready made assets (aircraft, people, property) and travel...

Who is going to be able to service such a vast volume? Only TUI left I think