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Quality and very accurate post. We haven't bought a package for Med or Ski trips in many years, other than last New Year where an Inghams package to Austria was far cheaper than doing the thing ourselves. This also proved to be very fortunate in that a blizzard closed Innsbruck airport for a...

That’s right. The German parts of the business, in stark contrast, to the UK business, have always been profitable. Germans still book entire packages through physical travel agencies. Per Deutsche Welle: “Although Thomas Cook group didn't release financial results for individual countries...

I did truly understand your point the first time. In the end, the people/entities hedging gained from the collapse. But imho, and we may have to agree to disagree, the business was failing and had been for many years. Only existing until now because of a huge private sector rescue in 2011...

I understand your middle point. Well explained. But it is a subjective point to extend that to hedging brought TC down. In my opinion the banks, Chinese parent and to a lesser extent the government when asked to helped, looked purely at the business case and real cashflows. TC was in a never...

Repatriation and settling overseas hotel debts will cost a grand total of £100m. Which equates to 7 weeks of regular TC winter season losses. The level of TC trading losses are mind blowing. TC was losing £100m's per year and debt stood at £1.6b. The BBC's analyst stated: "Fast forward six...

It's been mentioned loads, e.g. on 5live just then. It was in the main shareholders insuring/hedging against the collapse of their share values. It did not bring the company down. The banks (who had absolutely no interest in the fate of shareholders, after all the proposed new debt would've...

It’s been going on for 20 years, possibly longer, with an ever evolving business world, competition from new internet rivals, changing consumer tastes eg far more people book their holidays independently. Comet, Woolworths, BHS, Monarch, ToysRUs, C&A. Aisling retailers forever reporting bad...

TC was run poorly for 16 years, making ever larger losses and accumulating a colossal debt. We need to listen to independent travel (i.e. zero connection to any political party you might dislike) and business analysts who’ve explained that in great detail and have for some time for TC...

Mike Ashley Travel?

The hoteliers are naturally concerned that they’re funding the stay of guests, with the possibility of receiving no consideration. 5live covered this really well in the last hour, the head of Resolver stating that within 24 hours the CAA or UK Government officials (I think it was them)...

"Sarah Coles, personal finance analyst, told Sky News that Thomas Cook's business model had a "fundamental flaw" by borrowing money at this time of year to bulk buy hotel rooms and lease claims ...." That doesn't tally with the widespread and matter of fact news that hoteliers have not been...