Of course they have gone up, it doesn't take a genius to work out why.
similarly when Monarch went down other airlines shares rose. The quote doesn't answer my question in practical terms. Are they trying to say they only book a room when booking/deposit is made or that they don't book a room...
Are we talking part or in full?
Because TUI have payment plans in place, so I find it highly unlikely they won't reserve a space until it has been paid in full.
In which case if they did, they run the risk of not being able to provide what they sold.
Sorry my fellow Boro friend, but I've already explained on the Brexit thread how/why Brexit is partly to blame.
Mismanagement is a factor yes, but debt can be managed based on futures. People booking less holidays for the sake not wanting to suck up the additional cost of spending money and...